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

Free Financial CFA Level 1 Real Questions (page: 154)

What degree of relationship do values of the correlation coefficient (r) with magnitudes close to 1.00 indicate?

  1. Weak
  2. Strong
  3. Moderate
  4. None

Answer(s): B

Explanation:

The closer to 1, the stronger the relationship.



A researcher has a sample of 700 observations from a population whose standard deviation is known to be 1,235.6. The mean of the sample is calculated to be 219.2. The null hypothesis is stated as Ho: mean = 150 and the alternative is non-directional. The p-value in this case equals ________.

  1. 10.16%
  2. 13.88%
  3. 6.94%
  4. 12.82%

Answer(s): B

Explanation:

The z-statistic under the null equals (219.2 - 150)/(1235.6/(700^.5)) = 1.48. Since the alternative is non- directional, you must use a two-tailed test and ask the question, "What is the probability of observing a z- statistic at least as large in magnitude as 1.48?" The answer to this will give you the p- value for this sample under the two-tailed test. The right-tailed probability of observing a z-statistic which is at least as big as 1.48 equals 1.0 - 0.9306 = 0.0694 = 6.94%. The left-tailed probability of observing a z-statistic which is at least as small as - 1.48 also equals 6.94% since the standard normal distribution is symmetrical about zero. Therefore, the p-value of this two-tailed test in this sample equals 6.94%*2 = 13.88%.



In a sample of 2,000 persons, 1,600 favored more strict environmental protection measures. What is the estimated population proportion?

  1. 0.82 or 82%
  2. 0.20 or 20%
  3. 0.16 or 16%
  4. None of these answers
  5. 0.80 or 80%

Answer(s): E

Explanation:

Population proportion is given by 1600/2000 = 0.80



What is the Net Present Value of this series of annual cash flows using an interest rate of 15% per year: Year
0: <$10,000>, Year 1: $5,000, Year 2: $5,000, Year 3: $7,500? (Note that the <> are used to indicate a negative number).

  1. $2,981.21
  2. $5,077.49
  3. $3,059.92
  4. $3,224.98
  5. $3,104.37

Answer(s): C

Explanation:

On the BAII Plus, press CF 2nd CLRWork 10000 +/- ENTER DownArrow 5000 ENTER DownArrow DownArrow 5000 ENTER DownArrow DownArrow 7500 ENTER DownArrow DownArrow 2nd Quit. Then press NPV 15 ENTER DownArrow CPT. On the HP12C, press these keys: 10000 CHS BlueShift CFo 5000 BlueShift CFj 5000 BlueShift CFj 7500 BlueShift CFj Then press 15 i, YellowShift NPV. The "DownArrow" represents the downward-pointing arrow on the top row of the BAII Plus keyboard.



The following are the weekly amounts of welfare payments made by the federal government to a sample of six families: $139, $136, $130, $136, $147 and $136. What is the range?

  1. $52
  2. None of these answers
  3. $14
  4. $17
  5. $0

Answer(s): D

Explanation:

Range = 147 - 130 = 17



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

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

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

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8/1/2023 3:07:00 PM

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

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

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

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

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

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

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

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D
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

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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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