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

Free CFA CFA I Dumps Questions (page: 134)

What is the relationship among the mean, median and mode in a symmetric distribution?

  1. Mean is always the smallest value
  2. Mean is always the largest value
  3. None of these answers
  4. Mode is the largest value
  5. All equal

Answer(s): E

Explanation:

Since the distribution is symmetric, all three are equal.



If you deposit $5,000 today and make an additional deposit of $3,000 in 3 years, how much is in the account 6 years from today, if the money earns interest at 8% per year, compounded annually?

  1. $10,077.70
  2. $13,775.16
  3. $17,335.61
  4. $11,713.51
  5. $12,695.00

Answer(s): D

Explanation:

This question requires the solution of two problems. Find the FV of the original $5,000 deposit which equals $7,934.37, then find the FV of the $3,000 deposit 3 years from now which equals $3779.14, and add the two together. On the BAII Plus, press 6 N, 8 I/Y, 5000 PV, 0 PMT, CPT FV. Then press STO 1. Then press 3 N, 3000 PV, CPT FV. Then press + RCL 1 = for the answer. On the HP12C, press 6 n, 8 i, 5000 PV, 0 PMT, FV.
Then press STO 1. Then press 3 n, 3000 PV, FV. Then press RCL 1 + for the answer.



A study by the National Park Service revealed that 50% of the vacationers going to the Rocky Mountain region visit Yellowstone Park, 40% visit the Tetons and 35% visit both. What is the probability that a vacationer will visit at least one of these magnificent attractions?

  1. None of these answers
  2. 0.55
  3. 0.95
  4. 0.05
  5. 0.35

Answer(s): B

Explanation:

0.5 + 0.4 - 0.35 = 0.55



Assume you buy a computer for $1,450 and agree to pay for it with 36 monthly payments of $55, beginning next month. What is the size of the final payment needed at month 36 to completely pay off the computer, if the interest rate you are being charged is 16% per year, compounded monthly?

  1. $0.00
  2. $184.31
  3. $217.88
  4. $187.14
  5. $174.39

Answer(s): B

Explanation:

This question describes a situation often called a balloon payment. On the BAII Plus, press 36 N, 16 divide 12 = I/Y, 1450 PV, 55 +/- PMT, CPT FV. On the HP12C, press 36 n, 16 ENTER 12 divide i, 1450 PV, 55 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.



A positively skewed distribution:

  1. has fat tails.
  2. is skewed to the right.
  3. has a large variance.
  4. is skewed to the left.

Answer(s): B

Explanation:

In a positively skewed distribution, large values are more common than correspondingly small values. This skews the distribution to the right, moving the mean to the right of the median.



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M
Matiullah
6/24/2023 7:37:00 AM

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SN
9/5/2023 2:25:00 PM

good resource

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Zoubeyr
9/8/2023 5:56:00 AM

question 11 : d

U
User
8/29/2023 3:24:00 AM

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CW
7/6/2023 7:37:00 PM

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F
Farooqi
11/21/2023 1:37:00 AM

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Isaac
10/28/2023 2:30:00 PM

great case study

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Malviya
2/3/2023 9:10:00 AM

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rsmyth
5/18/2023 12:44:00 PM

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Keny
6/23/2023 9:00:00 PM

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Muhammad Rawish Siddiqui
11/29/2023 12:14:00 PM

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7/10/2023 1:54:00 PM

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12/6/2023 5:56:00 AM

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8/12/2023 7:46:00 AM

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7/26/2023 10:13:00 AM

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12/16/2022 10:10:00 AM

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8/30/2023 10:58:00 PM

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SH
5/16/2023 1:43:00 PM

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sudhagar
9/6/2023 3:02:00 PM

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Van
11/24/2023 4:02:00 AM

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Divya
8/2/2023 6:54:00 AM

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10/6/2023 3:06:00 AM

question 59 - a newly-created role is not assigned to any user, nor granted to any other role. answer is b https://docs.snowflake.com/en/user-guide/security-access-control-overview

N
Nik
11/10/2023 4:57:00 AM

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Deep
6/12/2023 7:22:00 AM

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tumz
1/16/2024 10:30:00 AM

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NRI
8/27/2023 10:05:00 AM

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kent
11/3/2023 10:45:00 AM

relevant questions

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Qasim
6/11/2022 9:43:00 AM

just clear exam on 10/06/2202 dumps is valid all questions are came same in dumps only 2 new questions total 46 questions 1 case study with 5 question no lab/simulation in my exam please check the answers best of luck

C
Cath
10/10/2023 10:09:00 AM

q.112 - correct answer is c - the event registry is a module that provides event definitions. answer a - not correct as it is the definition of event log

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Shiji
10/15/2023 1:31:00 PM

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6/25/2023 1:14:00 PM

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Praveen P
11/8/2023 5:18:00 AM

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Anastasiia
12/28/2023 9:06:00 AM

totally not correct answers. 21. you have one gcp account running in your default region and zone and another account running in a non-default region and zone. you want to start a new compute engine instance in these two google cloud platform accounts using the command line interface. what should you do? correct: create two configurations using gcloud config configurations create [name]. run gcloud config configurations activate [name] to switch between accounts when running the commands to start the compute engine instances.

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