CFA Level I Chartered Financial Analyst CFA I Exam Questions in PDF

Free CFA CFA I Dumps Questions (page: 112)

An empirical finance professor estimates the following regression between the return on a stock, R, and the return on S&P 500 index, Rsp:

R = 5% + 1.1 Rsp + error term

If the regression R-square is 0.25, estimate the change in the return on the stock when the return on the S&P 500 index changes from 12% to 15%.

  1. 19.5%
  2. 8.8%
  3. 18.2%
  4. 3.3%

Answer(s): D

Explanation:

With the given regression, the change in the return on the stock when the return on the S&P 500 index changes by one unit equals the slope coefficient, 1.1. Hence, when the return on the S&P 500 index changes by 3% from 12% to 15%, the return on the stock will change by 1.1*3% = 3.3%



The lengths of time (in minutes) several underwriters took to review applications for similar insurance coverage are: 50, 230, 52 and 57. What is the median length of time required to review an application?

  1. 141.0
  2. 54.5
  3. None of these answers
  4. 109.0
  5. 97.25

Answer(s): B

Explanation:

Order the numbers: 50,52,57,230. The median is (52 + 57)/2 = 54.5



A statistician has framed his hypothesis testing problem as:
Ho: mean = 0H1: mean > 0
For the given sample, he calculates the z-statistic. Then, the region of rejection at the 99% level is given by:

  1. z-statistic > +2.32
  2. z-statistic < 1.96
  3. z-statistic < -2.32 or z-statistic > +2.32
  4. z-statistic > +1.96

Answer(s): A

Explanation:

Since the alternative is directional and to the right, we use a right-tailed test. For this, the critical value at 99% level is +2.32. +2.32 is the value above which only 1% of the probability mass of the standard normal distribution lies). The rejection region is then given by z-statistic > +2.32.



A cumulative frequency distribution on days absent during a calendar year by employees of a manufacturing company is shown below.

Days AbsentCumulative ## of Employees
0 - 260
3 - 531
6 - 814
9 - 116
12 - 142

How many employees were absent between 6 and 11 days?

  1. 12
  2. 17
  3. 20
  4. None of these answers
  5. 8

Answer(s): A

Explanation:

This is found by the difference between the 6-8 class and the 12-14 class. In this case: 14 - 2 = 12.



Which of the following is the formula for the correlation between X and Y?

  1. Cov(X,Y)/[(sigma_X)*(sigma_Y)]^2.
  2. [Cov(X,Y)]^0.5
  3. (sigma_X)*(sigma_Y)/Cov(X,Y).
  4. Cov(X,Y)/[(sigma_X)*(sigma_Y)].

Answer(s): D

Explanation:

The correlation between two random variables X and Y is Cov(X,Y)/[(sigma_X)*(sigma_Y)].



Share your comments for CFA CFA I exam with other users:

M
Mike
8/20/2023 5:12:00 PM

the exam dumps are helping me get a solid foundation on the practical techniques and practices needed to be successful in the auditing world.

N
Nobody
9/18/2023 6:35:00 PM

q 14 should be dmz sever1 and notepad.exe why does note pad have a 443 connection

M
Muhammad Rawish Siddiqui
12/4/2023 12:17:00 PM

question # 108, correct answers are business growth and risk reduction.

E
Emmah
7/29/2023 9:59:00 AM

are these valid chfi questions

M
Mort
10/19/2023 7:09:00 PM

question: 162 should be dlp (b)

E
Eknath
10/4/2023 1:21:00 AM

good exam questions

N
Nizam
6/16/2023 7:29:00 AM

I have to say this is really close to real exam. Passed my exam with this.

P
poran
11/20/2023 4:43:00 AM

good analytics question

A
Antony
11/23/2023 11:36:00 AM

this looks accurate

E
Ethan
8/23/2023 12:52:00 AM

question 46, the answer should be data "virtualization" (not visualization).

N
nSiva
9/22/2023 5:58:00 AM

its useful.

R
Ranveer
7/26/2023 7:26:00 PM

Pass this exam 3 days ago. The PDF version and the Xengine App is quite useful.

S
Sanjay
8/15/2023 10:22:00 AM

informative for me.

T
Tom
12/12/2023 8:53:00 PM

question 134s answer shoule be "dlp"

A
Alex
11/7/2023 11:02:00 AM

in 72 the answer must be [sys_user_has_role] table.

F
Finn
5/4/2023 10:21:00 PM

i appreciated the mix of multiple-choice and short answer questions. i passed my exam this morning.

A
AJ
7/13/2023 8:33:00 AM

great to find this website, thanks

C
Curtis Nakawaki
6/29/2023 9:11:00 PM

examination questions seem to be relevant.

U
Umashankar Sharma
10/22/2023 9:39:00 AM

planning to take psm test

E
ED SHAW
7/31/2023 10:34:00 AM

please allow to download

A
AD
7/22/2023 11:29:00 AM

please provide dumps

A
Ayyjayy
11/6/2023 7:29:00 AM

is the answer to question 15 correct ? i feel like the answer should be b

B
Blessious Phiri
8/12/2023 11:56:00 AM

its getting more technical

J
Jeanine J
7/11/2023 3:04:00 PM

i think these questions are what i need.

A
Aderonke
10/23/2023 2:13:00 PM

helpful assessment

T
Tom
1/5/2024 2:32:00 AM

i am confused about the answers to the questions. do you know if the answers are correct?

V
Vinit N.
8/28/2023 2:33:00 AM

hi, please make the dumps available for my upcoming examination.

S
Sanyog Deshpande
9/14/2023 7:05:00 AM

good practice

T
Tyron
9/8/2023 12:12:00 AM

so far it is really informative

B
beast
7/30/2023 2:22:00 PM

hi i want it please please upload it

M
Mirex
5/26/2023 3:45:00 AM

am preparing for exam ,just nice questions

E
exampei
8/7/2023 8:05:00 AM

please upload c_tadm_23 exam

A
Anonymous
9/12/2023 12:50:00 PM

can we get tdvan4 vantage data engineering pdf?

A
Aish
10/11/2023 5:51:00 AM

want to clear the exam.

AI Tutor 👋 I’m here to help!