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

Free CFA CFA I Dumps Questions (page: 132)

If the decision in the hypothesis test of the population correlation is to reject the null hypothesis, what can we conclude about the population correlation?

  1. None of these answers is correct
  2. Is not zero
  3. Equals the computed sample correlation
  4. Is zero
  5. Could be zero

Answer(s): B

Explanation:

The Ho is always stated as Ho: Population parameter=0. So if we reject Ho, we say that it is not zero.



As the head of a trading desk at a major bank, it is your job to evaluate whether the superior performance of a trader is due to skill or luck. To test this, you set up the following hypothesis:
Ho: Expected excess returns = 0
H1: Expected excess returns > 0
The excess returns are returns adjusted for risk using a proprietary factor model. In this set-up, which of the following is/are true?

  1. You must employ a one-tailed test.
    II. H1 is a directional alternative.
    III. Your critical z-statistics will be larger than the z-statistics in the case where the alternative is specified as H1:
    Excess returns are non-zero.
  2. I only
  3. II & III
  4. I & III
  5. I & II
  6. III only
  7. II only
  8. I, II & III

Answer(s): D

Explanation:

The alternative hypothesis, H1, does not assign a specific value to the expected excess return but specifies a directional region. Since it specifies the region to the right of 0 as an alternative, he must employ a right-tailed test i.e. a one-sided test. Note that the critical z-statistics in one-tailed regressions are always lower than the z- statistics in the corresponding two-tailed test.



If you buy a computer for $950 and agree to pay for it with 24 payments of $35 with the first payment occurring next month, what is the size of the final payment needed at month 24 to completely pay off the computer? Assume the interest rate you are being charged is 16% per year, compounded monthly.

  1. $294.39
  2. $0.00
  3. $207.88
  4. $87.14
  5. $323.18

Answer(s): E

Explanation:

This question describes a situation often called a balloon payment. On the BAII Plus, press 24 N, 16 divide 12 = I/Y, 950 PV, 35 +/- PMT, CPT FV. On the HP12C, press 24 n, 16 ENTER 12 divide i, 950 PV, 35 CHS PMT, FV. The answer is shown as a negative number. Make sure the BAII Plus has the value of P/Y set to 1.



What is the range of values for the coefficient of determination?

  1. None of these answers
  2. 0 to +1 inclusive
  3. -1 to +1 inclusive
  4. -3 to +3 inclusive
  5. #AI -1 to 0 inclusive

Answer(s): B

Explanation:

R-square ranges from 0-1 inclusive.



A cola dispensing machine is set to dispense a mean of 2.02 liters into a container labeled 2 liters. Actual quantities dispensed vary and the amounts are normally distributed with a standard deviation of 0.015 liter. What is the probability a container will have less than 2 liters?

  1. 0.8741
  2. 0.0918
  3. 0.3413
  4. 0.1926
  5. None of these answers

Answer(s): B

Explanation:

z = (x-u)/sigma = 2 - 2.02/0.015 = -1.33 (negative since it is below the mean). The area between - infinity and z = -1.33 is 0.0918.



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

B
Blessious Phiri
8/15/2023 4:08:00 PM

its giving best technical knowledge

T
Testbear
6/13/2023 11:15:00 AM

please upload

S
shime
10/24/2023 4:23:00 AM

great question with explanation thanks!!

T
Thembelani
5/30/2023 2:40:00 AM

does this exam have lab sections?

S
Shin
9/8/2023 5:31:00 AM

please upload

P
priti kagwade
7/22/2023 5:17:00 AM

please upload the braindump for .net

R
Robe
9/27/2023 8:15:00 PM

i need this exam 1z0-1107-2. please.

C
Chiranthaka
9/20/2023 11:22:00 AM

very useful!

N
Not Miguel
11/26/2023 9:43:00 PM

for this question - "which three type of basic patient or member information is displayed on the patient info component? (choose three.)", list of conditions is not displayed (it is displayed in patient card, not patient info). so should be thumbnail of chatter photo

A
Andrus
12/17/2023 12:09:00 PM

q52 should be d. vm storage controller bandwidth represents the amount of data (in terms of bandwidth) that a vms storage controller is using to read and write data to the storage fabric.

R
Raj
5/25/2023 8:43:00 AM

nice questions

M
max
12/22/2023 3:45:00 PM

very useful

M
Muhammad Rawish Siddiqui
12/8/2023 6:12:00 PM

question # 208: failure logs is not an example of operational metadata.

S
Sachin Bedi
1/5/2024 4:47:00 AM

good questions

K
Kenneth
12/8/2023 7:34:00 AM

thank you for the test materials!

H
Harjinder Singh
8/9/2023 4:16:00 AM

its very helpful

S
SD
7/13/2023 12:56:00 AM

good questions

K
kanjoe
7/2/2023 11:40:00 AM

good questons

M
Mahmoud
7/6/2023 4:24:00 AM

i need the dumb of the hcip security v4.0 exam

W
Wei
8/3/2023 4:18:00 AM

upload the dump please

S
Stephen
10/3/2023 6:24:00 PM

yes, iam looking this

S
Stephen
8/4/2023 9:08:00 PM

please upload cima e2 managing performance dumps

H
hp
6/16/2023 12:44:00 AM

wonderful questions

P
Priyo
11/14/2023 2:23:00 AM

i used this site since 2000, still great to support my career

J
Jude
8/29/2023 1:56:00 PM

why is the answer to "which of the following is required by scrum?" all of the following stated below since most of them are not mandatory? sprint retrospective. members must be stand up at the daily scrum. sprint burndown chart. release planning.

M
Marc blue
9/15/2023 4:11:00 AM

great job. hope this helps out.

A
Anne
9/13/2023 2:33:00 AM

upload please. many thanks!

P
pepe el toro
9/12/2023 7:55:00 PM

this is so interesting

A
Antony
11/28/2023 12:13:00 AM

great material thanks

T
Thembelani
5/30/2023 2:22:00 AM

anyone who wrote this exam recently

P
P
9/16/2023 1:27:00 AM

ok they re good

J
Jorn
7/13/2023 5:05:00 AM

relevant questions

A
AM
6/20/2023 7:54:00 PM

please post

N
Nagendra Pedipina
7/13/2023 2:22:00 AM

q:42 there has to be a image in the question to choose what does it mean from the options

AI Tutor 👋 I’m here to help!