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

Free Financial CFA Level 1 Real Questions (page: 150)

A survey of passengers on domestic flights revealed these miles:

Miles Flown Number of Passengers
100 - 49916
500 - 89941
900 - 129981
1300 - 169911
1700 - 20999
2100 - 24996

What is the range (in miles)?

  1. 1,100
  2. 1,999
  3. 2,499
  4. 2,399
  5. None of these answers

Answer(s): D

Explanation:

2499 - 100 = 2399



The coefficient of variation is useful when:

  1. The frequency distribution contains open-ended classes or overlapping classes.
    II. The data sets being compared contain data in different measurement units.
    III. The data sets being compared contain data with similar measurement units.
  2. I only
  3. I & II
  4. III only
  5. II only
  6. I & III

Answer(s): D

Explanation:

The coefficient of variation is useful when the means of the data sets are widely different or when the observations are in different measurement units.



If you buy an item for $475 and agree to pay for it with 24 monthly payments of $22.50, beginning next month, what annual interest rate, compounded monthly, are you being charged?

  1. 17.53%
  2. 14.15%
  3. 12.63%
  4. 12.92%
  5. 1.05%

Answer(s): C

Explanation:

The interest rate returned by the calculator will be the periodic interest rate. It must be multiplied by the number of periods per year to have the correct answer. On the BAII Plus, press 24 N, 475 PV, 22.50 +/- PMT, 0 FV, CPT I/Y. Then press x 12 = to see the answer. On the HP12C, press 24 n, 475 PV, 22.50 CHS PMT, 0 FV, i.
Then press 12 x to see the answer. Make sure the BAII Plus has the P/Y value set to 1.



The semiannually compounded rate is 6% quoted on an annualized basis. The equivalent quarterly compounded rate is:

  1. 6.12%
  2. 5.91%
  3. 5.96%
  4. 5.76%

Answer(s): C

Explanation:

To solve such problems, think about investing a dollar for 1 year. The final amount should be the same under both the quotations. Under quarterly compounded rate, r, $1 grows to (1+r/4)^4 in 1 year. Under semiannual compounding, it grows to (1+0.06/2)^2 = 1.0609. Since these two should be equal, we get (1+r/4)^4 = 1.0609, giving r = 5.96%. Note that the quarterly compounded rate must be smaller than the semiannually compounded rate, ruling out 6.12 automatically.



A mortgage holding company has found that 1% of its mortgage holders default on their mortgage and lose the property. Furthermore, 90% of those who default are late on at least two monthly payments over the life of their mortgage as compared to 45% of those who do not default. What is the probability that a mortgagee with two or more late monthly payments will default on the mortgage and lose the property?

  1. None of these answers
  2. 0.019
  3. 0.009
  4. 0.020
  5. 0.018

Answer(s): D

Explanation:

We have P(def) = 0.01. P(not def) = 0.99. P(two late payments/def) = 0.90. P(two late payments/not def) = 0.45. Using Bayes formula: p(def/two late payments) = (0.01*0.9)/(0.01*0.9 + 0.99*0.45) = 0.0198 = 0.020.



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

M
Muhammad Rawish Siddiqui
12/3/2023 12:11:00 PM

question # 56, answer is true not false.

A
Amaresh Vashishtha
8/27/2023 1:33:00 AM

i would be requiring dumps to prepare for certification exam

A
Asad
9/8/2023 1:01:00 AM

very helpful

B
Blessious Phiri
8/13/2023 3:10:00 PM

control file is the heart of rman backup

S
Senthil
9/19/2023 5:47:00 AM

hi could you please upload the ibm c2090-543 dumps

H
Harry
6/27/2023 7:20:00 AM

appriciate if you could upload this again

A
Anonymous
7/10/2023 4:10:00 AM

please upload the dump

R
Raja
6/20/2023 5:30:00 AM

i found some questions answers mismatch with explanation answers. please properly update

D
Doora
11/30/2023 4:20:00 AM

nothing to mention

D
deally
1/19/2024 3:41:00 PM

knowable questions

S
Sonia
7/23/2023 4:03:00 PM

very helpfull

B
binEY
10/6/2023 5:15:00 AM

good questions

N
Neha
9/28/2023 1:58:00 PM

its helpful

D
Desmond
1/5/2023 9:11:00 PM

i just took my oracle exam and let me tell you, this exam dumps was a lifesaver! without them, iam not sure i would have passed. the questions were tricky and the answers were obscure, but the exam dumps had everything i needed. i would recommend to anyone looking to pass their oracle exams with flying colors (and a little bit of cheating) lol.

D
Davidson OZ
9/9/2023 6:37:00 PM

22. if you need to make sure that one computer in your hot-spot network can access the internet without hot-spot authentication, which menu allows you to do this? answer is ip binding and not wall garden. wall garden allows specified websites to be accessed with users authentication to the hotspot

3
381
9/2/2023 4:31:00 PM

is question 1 correct?

L
Laurent
10/6/2023 5:09:00 PM

good content

S
Sniper69
5/9/2022 11:04:00 PM

manged to pass the exam with this exam dumps.

D
Deepak
12/27/2023 2:37:00 AM

good questions

D
dba
9/23/2023 3:10:00 AM

can we please have the latest exam questions?

P
Prasad
9/29/2023 7:27:00 AM

please help with jn0-649 latest dumps

G
GTI9982
7/31/2023 10:15:00 PM

please i need this dump. thanks

E
Elton Riva
12/12/2023 8:20:00 PM

i have to take the aws certified developer - associate dva-c02 in the next few weeks and i wanted to know if the questions on your website are the same as the official exam.

B
Berihun Desalegn Wonde
7/13/2023 11:00:00 AM

all questions are more important

G
gr
7/2/2023 7:03:00 AM

ques 4 answer should be c ie automatically recover from failure

R
RS
7/27/2023 7:17:00 AM

very very useful page

B
Blessious Phiri
8/12/2023 11:47:00 AM

the exams are giving me an eye opener

A
AD
10/22/2023 9:08:00 AM

3rd so far, need to cover more

M
Matt
11/18/2023 2:32:00 AM

aligns with the pecd notes

S
Sri
10/15/2023 4:38:00 PM

question 4: b securityadmin is the correct answer. https://docs.snowflake.com/en/user-guide/security-access-control-overview#access-control-framework

H
H.T.M. D
6/25/2023 2:55:00 PM

kindly please share dumps

S
Satish
11/6/2023 4:27:00 AM

it is very useful, thank you

C
Chinna
7/30/2023 8:37:00 AM

need safe rte dumps

1
1234
6/30/2023 3:40:00 AM

can you upload the cis - cpg dumps

AI Tutor 👋 I’m here to help!