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

Free Financial CFA Level 1 Real Questions (page: 138)

You are given n = 12, sum of the (X_i) = 2%, sum of the (X_i)^2 = 0.5%%. Find the sample standard deviation.

  1. 1.27%.
  2. 1.73%.
  3. 1.23%.
  4. 1.11%.

Answer(s): C

Explanation:

The sample standard deviation will be the positive square root of the sample variance. The sample variance will be determined using the computational formula [1/(n-1)] * {sum (as i goes from 1 to n) of (X_i)^2 - (1/n) * [sum (as i goes from 1 to n) of (X_i)]^2}. So we get 1/11 * (0.5 - 1/12*(2^2)) = 1.51%%. The positive square root of 1.51%% is 1.23%.



Sharleef Nettleton, a quantitative analyst with Churn Brothers Brokerage, is examining a data sample and has amassed the following information:
Standard deviation of the sample: 2.90
Number of observations: 68
Degrees of freedom: 2
Sample mean: 114

Assume that Ms. Nettleton formulates a null hypothesis that states that the value of the population mean is zero. Additionally, assume that the population standard deviation is unknown. Given this information, what is the standard error of the estimate? Further, what is the test statistic? Choose the best answer.

  1. 1.0199; 111.78
  2. 0.3517; 84.34
  3. 1.0199; 56.44
  4. 0.3517; 324.14
  5. None of these answers is correct.
  6. 0.3570; 29.91
  7. 0.3570; 319.38

Answer(s): D

Explanation:

If the population standard deviation is unknown, as in this example, the standard error of the estimate is found by using the following equation:
{Standard error = s / square root of n} where s = the sample standard deviation and n = the number of observations in the sample.
In this example, all of the necessary information has been provided, and the determination of the standard error of the estimate is found as:
{Standard error = [2.90 / 8.2462] = 0.3517}
Now that the standard error of the estimate has been calculated, the test statistic can be found by using the following equation:
{Test statistic = [sample statistic - value of the population parameter under the null hypothesis] / standard error of the sample statistic].
Again, all of the necessary information has been provided, and the calculation of the test statistic is found as follows:
{Test statistic = [114 - 0] / 0.3517 = 324.14}
This is a very large test statistic and the null hypothesis will likely be rejected unless a very low level of confidence is employed.



If all the 10,000 data points in a regression lie exactly on a straight line, which of the following is/are true?

  1. The intercept term is zero.
    II. The percentage of unexplained variance equals zero
    III. The slope coefficient is positive.
    IV. The correlation coefficient between the dependent and independent variables is 1.
  2. III only
  3. IV only
  4. II & IV
  5. III & IV
  6. II only
  7. I only

Answer(s): E

Explanation:

Since there is no error in the regression, the percentage of unexplained variance will be zero. The intercept and slope terms can be any real numbers and the correlation coefficient will be either + 1 or - 1.



Which is true of a leptokurtic distribution?

  1. It will be more peaked than the normal distribution.
    II. It will have thinner tails than the normal distribution.
    III. It will be less peaked than the normal distribution.
    IV. It will have fatter tails than the normal distribution.
  2. I and II.
  3. I and IV.
  4. III and II.
  5. III and IV.

Answer(s): B

Explanation:

I and IV are true of leptokurtic distributions. This is also called having "excess kurtosis." II and III are characteristic of platykurtic distributions.



An experiment may have:

  1. Two or more results
  2. None of these answers
  3. Only two results
  4. Only one result

Answer(s): A

Explanation:

Experiments may have many outcomes.



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

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.

S
Smaranika
6/22/2023 8:42:00 AM

could you please upload the dumps of sap c_sac_2302

B
Blessious Phiri
8/15/2023 1:56:00 PM

asm management configuration is about storage

L
Lewis
7/6/2023 8:49:00 PM

kool thumb up

M
Moreece
5/15/2023 8:44:00 AM

just passed the az-500 exam this last friday. most of the questions in this exam dumps are in the exam. i bought the full version and noticed some of the questions which were answered wrong in the free version are all corrected in the full version. this site is good but i wish the had it in an interactive version like a test engine simulator.

T
Terry
5/24/2023 4:41:00 PM

i can practice for exam

E
Emerys
7/29/2023 6:55:00 AM

please i need this exam.

G
Goni Mala
9/2/2023 12:27:00 PM

i need the dump

L
Lenny
9/29/2023 11:30:00 AM

i want it bad, even if cs6 maybe retired, i want to learn cs6

M
MilfSlayer
12/28/2023 8:32:00 PM

i hate comptia with all my heart with their "choose the best" answer format as an argument could be made on every question. they say "the "comptia way", lmao no this right here boys is the comptia way 100%. take it from someone whos failed this exam twice but can configure an entire complex network that these are the questions that are on the test 100% no questions asked. the pbqs are dead on! nice work

S
Swati Raj
11/14/2023 6:28:00 AM

very good materials

K
Ko Htet
10/17/2023 1:28:00 AM

thanks for your support.

P
Philippe
1/22/2023 10:24:00 AM

iam impressed with the quality of these dumps. they questions and answers were easy to understand and the xengine app was very helpful to use.

S
Sam
8/31/2023 10:32:00 AM

not bad but you question database from isaca

B
Brijesh kr
6/29/2023 4:07:00 AM

awesome contents

J
JM
12/19/2023 1:22:00 PM

answer to 134 is casb. while data loss prevention is the goal, in order to implement dlp in cloud applications you need to deploy a casb.

AI Tutor 👋 I’m here to help!