Financial Institute CFA Level I Chartered Analyst® CFA Level 1 Exam Questions in PDF

Free Financial CFA Level 1 Dumps Questions (page: 139)

A sample of the paramedical fees charged by clinics revealed these amounts: $55, $49, $50, $45, $52 and $55.
What is the median charge?

  1. None of these answers
  2. $51.00
  3. $47.50
  4. $52.00
  5. $55.00

Answer(s): B

Explanation:

Order them: 45,49,50,52,55,55. The median is therefore (50 + 52)/2 = 51



A sample of 10 observations is drawn from a population with mean 17. The mean of the observations equals 14.3 and the sample standard deviation equals 4.8. The sampling error in mean equals ________.

  1. 9.6
  2. -2.7
  3. 14.3
  4. 4.8

Answer(s): B

Explanation:

"Sampling error" refers to the difference between a sample statistic and the corresponding population parameter. In this case, the sampling error equals 14.3 - 17 = -2.7.



What is the present value today of these annual cash flows: $3,000, $2,000, $1,000? Assume the first cash flow occurs 1 year from today and an interest rate of 10% per year, compounded annually.

  1. $5,205.67
  2. $5,131.48
  3. $6,089.92
  4. $5,067.65
  5. $6,000.00

Answer(s): B

Explanation:

You could solve this question using 3 different compound interest problems, but it is easier to solve them using the calculator's cash flow functions. On the BAII Plus, press CF 2nd CLRWork 0 ENTER DownArrow 3000 ENTER DownArrow DownArrow 2000 ENTER DownArrow DownArrow 1000 ENTER DownArrow DownArrow 2nd Quit. Then press NPV 10 ENTER DownArrow CPT. On the HP12C, press these keys: 0 BlueShift CFo 3000 BlueShift CFj 2000 BlueShift CFj 1000 BlueShift CFj. Then press 10 i, YellowShift NPV. The "DownArrow" represents the downward-pointing arrow on the top row of the BAII Plus keyboard. Make sure that the BAII Plus has the P/Y value set to 1.



A stock has the following returns over 3 years: -10%, +15%, +25%. The annual geometric rate of return over the 3 years is ________.

  1. 19.36%
  2. 9.34%
  3. 10.15%
  4. 7.42%
  5. 13.31%
  6. 14.64%
  7. 12.21%
  8. 8.96%

Answer(s): H

Explanation:

The annual geometric rate of return equals [(1-10%)(1+15%)(1+25%)]^(1/3) - 1 = (0.9 * 1.15 * 1.25)^0.33 - 1 = 0.0896 = 8.96%



Monthly commissions of first-year insurance brokers are $1,270, $1,310, $1,680, $1,380, $1,410, $1,570, $1,180 and $1,420. These figures are referred to as:

  1. None of these answers
  2. Raw data
  3. Frequency distribution
  4. Ogive
  5. Histogram

Answer(s): B

Explanation:

Data or observations that have not been organized in any form are called raw data.



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

C
concerned citizen
12/29/2023 11:31:00 AM

52 should be b&c. controller failure has nothing to do with this type of issue. degraded state tells us its a raid issue, and if the os is missing then the bootable device isnt found. the only other consideration could be data loss but thats somewhat broad whereas b&c show understanding of the specific issues the question is asking about.

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deedee
12/23/2023 5:10:00 PM

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Samir
8/1/2023 3:07:00 PM

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Saeed
11/7/2023 3:14:00 AM

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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

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

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

good questions. thanks.

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

good for practice.

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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

q40 the answer is not d, why are you giving incorrect answers? snapshot consolidation is used to merge the snapshot delta disk files to the vm base disk

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

thanks, very relevant

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

wrong answer. it is true not false.

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Josh
7/10/2023 1:54:00 PM

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VINNY
6/2/2023 11:59:00 AM

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A
Andy
12/6/2023 5:56:00 AM

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Mamo
8/12/2023 7:46:00 AM

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Marial Manyang
7/26/2023 10:13:00 AM

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A
Amel Mhamdi
12/16/2022 10:10:00 AM

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A
Angel
8/30/2023 10:58:00 PM

i think you have the answers wrong regarding question: "what are three core principles of web content accessibility guidelines (wcag)? answer: robust, operable, understandable

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

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

question looks valid

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

good for practice

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

need more q&a to go ahead

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Rakesh
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

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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

very helpful

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

will post once the exam is finished

K
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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