Financial Institute CFA Level I Chartered Analyst® CFA Level 1 Dumps in PDF

Free Financial CFA Level 1 Real Questions (page: 117)

Past experience of a large manufacturing firm with administering a test to recent college graduates who had applied for a job revealed that the mean test score was 500, and the standard deviation was 50. The distribution of the test scores was normal. Based on this experience, management is considering placing a person whose scores is in the upper 6 percent of the distribution directly into a responsible position. What is the lowest score a college graduate must earn to qualify for a responsible position?

  1. None of these answers
  2. 460
  3. 625
  4. 578
  5. 50

Answer(s): D

Explanation:

Find the z value representing 44% of the area under the curve. From the z tables, z = 1.55. Using z = (x-u)/ sigma. 1.55 = (x-500)/50. x = 577.5



You are examining a portfolio composed of 33% money-market investments, 9.5% bonds, and 57.5% stocks. Last year, the return on the money-market investments was 4%; the return on bonds was 9%, and the return on stocks was -11%. What is the contribution of stocks toward the portfolio weighted average return?

  1. -57.50%.
  2. -11.00%.
  3. -4.15%.
  4. -6.325%.

Answer(s): D

Explanation:

The portfolio weighted-average mean return is equal to the sum (as i goes from 1 to n) of w_i * X_i, where w_i is the percentage weight in the portfolio of the ith asset, and X_i is the investment return of the ith asset. The contribution of any asset will equal its weight in the portfolio times its return. Here, we get 0.575 * -0.11 = - 6.325%.



When comparing the riskiness of investments with different expected returns, one must use ________.

  1. none of these answers
  2. skewness
  3. the coefficient of variation
  4. the standard deviation
  5. kurtosis

Answer(s): C

Explanation:

The coefficient of variation equals the ratio of the standard deviation to the mean. Thus, it standardizes the variation in the returns in terms of the expected values.



What annual interest rate, compounded annually, would cause a series of 20 deposits of $500 to accumulate to $18,000, if the first deposit is made one year from today?

  1. 6.15%
  2. 4.94%
  3. 7.25%
  4. 2.78%
  5. 5.80%

Answer(s): E

Explanation:

On the BAII Plus, press 20 N, 0 PV, 500 PMT, 18000 +/- FV, CPT I/Y. On the HP12C, press 20 n, 0 PV, 500 PMT, 18000 CHS FV, i.



The heights of the five members in a family have been measured and found to be (in centimeters):
146, 162, 165, 187, 152
The range and the mean deviation of the heights are:

  1. 41, 46.9
  2. 41, 54.4
  3. 41, 10.9
  4. 49, 61.8

Answer(s): C

Explanation:

range = maximum value - minimum value = 187 - 146 = 41 centimeters. To calculate the mean deviation, you have to first calculate the mean. The mean equals (146 + 162 + 165 + 187 + 152)/5 = 162.4. The total deviation is abs(146-162.4) + abs(162-162.4) + abs(165-162.4) + abs(187-162.4) + abs(152-162.4) = 16.4 + 0.4 + 2.6 + 24.6 + 10.4 = 54.4. Therefore, MD = 54.4/5 = 10.88.



Share your comments for Financial CFA Level 1 exam with other users:

B
Blessious Phiri
8/13/2023 8:37:00 AM

making progress

N
Nabla
9/17/2023 10:20:00 AM

q31 answer should be d i think

V
vladputin
7/20/2023 5:00:00 AM

is this real?

N
Nick W
9/29/2023 7:32:00 AM

q10: c and f are also true. q11: this is outdated. you no longer need ownership on a pipe to operate it

N
Naveed
8/28/2023 2:48:00 AM

good questions with simple explanation

C
cert
9/24/2023 4:53:00 PM

admin guide (windows) respond to malicious causality chains. when the cortex xdr agent identifies a remote network connection that attempts to perform malicious activity—such as encrypting endpoint files—the agent can automatically block the ip address to close all existing communication and block new connections from this ip address to the endpoint. when cortex xdrblocks an ip address per endpoint, that address remains blocked throughout all agent profiles and policies, including any host-firewall policy rules. you can view the list of all blocked ip addresses per endpoint from the action center, as well as unblock them to re-enable communication as appropriate. this module is supported with cortex xdr agent 7.3.0 and later. select the action mode to take when the cortex xdr agent detects remote malicious causality chains: enabled (default)—terminate connection and block ip address of the remote connection. disabled—do not block remote ip addresses. to allow specific and known s

Y
Yves
8/29/2023 8:46:00 PM

very inciting

M
Miguel
10/16/2023 11:18:00 AM

question 5, it seems a instead of d, because: - care plan = case - patient = person account - product = product2;

B
Byset
9/25/2023 12:49:00 AM

it look like real one

D
Debabrata Das
8/28/2023 8:42:00 AM

i am taking oracle fcc certification test next two days, pls share question dumps

N
nITA KALE
8/22/2023 1:57:00 AM

i need dumps

C
CV
9/9/2023 1:54:00 PM

its time to comptia sec+

S
SkepticReader
8/1/2023 8:51:00 AM

question 35 has an answer for a different question. i believe the answer is "a" because it shut off the firewall. "0" in registry data means that its false (aka off).

N
Nabin
10/16/2023 4:58:00 AM

helpful content

B
Blessious Phiri
8/15/2023 3:19:00 PM

oracle 19c is complex db

S
Sreenivas
10/24/2023 12:59:00 AM

helpful for practice

L
Liz
9/11/2022 11:27:00 PM

support team is fast and deeply knowledgeable. i appreciate that a lot.

N
Namrata
7/15/2023 2:22:00 AM

helpful questions

L
lipsa
11/8/2023 12:54:00 PM

thanks for question

E
Eli
6/18/2023 11:27:00 PM

the software is provided for free so this is a big change. all other sites are charging for that. also that fucking examtopic site that says free is not free at all. you are hit with a pay-wall.

O
open2exam
10/29/2023 1:14:00 PM

i need exam questions nca 6.5 any help please ?

G
Gerald
9/11/2023 12:22:00 PM

just took the comptia cybersecurity analyst (cysa+) - wished id seeing this before my exam

R
ryo
9/10/2023 2:27:00 PM

very helpful

J
Jamshed
6/20/2023 4:32:00 AM

i need this exam

R
Roberto Capra
6/14/2023 12:04:00 PM

nice questions... are these questions the same of the exam?

S
Synt
5/23/2023 9:33:00 PM

need to view

V
Vey
5/27/2023 12:06:00 AM

highly appreciate for your sharing.

T
Tshepang
8/18/2023 4:41:00 AM

kindly share this dump. thank you

J
Jay
9/26/2023 8:00:00 AM

link plz for download

L
Leo
10/30/2023 1:11:00 PM

data quality oecd

B
Blessious Phiri
8/13/2023 9:35:00 AM

rman is one good recovery technology

D
DiligentSam
9/30/2023 10:26:00 AM

need it thx

V
Vani
8/10/2023 8:11:00 PM

good questions

F
Fares
9/11/2023 5:00:00 AM

good one nice revision

AI Tutor 👋 I’m here to help!