How long will it take for an initial deposit of $2,500 to grow to be $4,000, if the interest rate is 5% per year, compounded annually?
Answer(s): B
Either the $2,500 or the $4,000 must be entered as a negative number - it won't matter which. On the BAII Plus, press 5 I/Y, 2500 PV, 0 PMT, 4000 +/- FV, CPT N. On the HP12C, press 5 i, 2500 PV, 0 PMT, 4000 CHS FV,F. Note that the HP12C will indicate 10 years for the answer.
Which of the following is/are true?
Answer(s): C
Adding a constant changes the mean by the same amount and leaves the variance and standard deviation unchanged. Multiplying with a constant causes the mean and the standard deviation to be multiplied by the same constant. The variance gets multiplied by the square of the constant.
If the alternate hypothesis states that u (Mu) does not equal 4,000, what is the rejection region for the hypothesis test?
Answer(s): E
The alternate hypothesis says does not equal, which means it could be less or more than 4000. So we must consider both tails.
An investor faces the following investment scenarios:Scenario Probability ReturnBull market 60% 30%Neutral market 30% 7%Market crash 10% -25%The variance of the investor's rate of return is ________.
The expected return equals 0.6 * 30% + 0.3 * 7% + 0.1*(-25%) = 17.6%. To calculate the variance, an easy way is to first calculate the second moment, which is the expected value of the square of the return. Thus, the second moment equals 0.6*[(30%)^2] + 0.3*[(7%)^2)] + 0.1*[(-25%)^2] = 617.2%%.The variance of a random variable equals the second moment minus the square of the mean. In this case, the variance equals 617.2%% - 17.6%^2 = 307.4%%
According to Chebyshev's Theorem, what percent of the observations lie within plus and minus 1.75 standard deviations of the mean?
Answer(s): D
Chebyshev's theorem applies regardless of the shape of the distribution. The minimum proportion that lie within k standard deviations of the mean is at least 1-[1/(k^2)]. In this case k = 1.75. k^2 = 3.0625. So we get 67%.
Share your comments for Test Prep CFA® LEVEL 1 exam with other users:
good morning
please upload the ncp-mci 6.5 dumps, really need to practice this one. thanks guys
question 16: https://help.salesforce.com/s/articleview?id=sf.care_console_overview.htm&type=5
yes i m prepared exam
my experience was great with this site as i studied for the ms-900 from here and got 900/1000 on the test. my main focus was on the tutorials which were provided and practice questions. thanks!
great course
very good question
question: 93 which statement is true regarding the result? sales contain 6 columns and values contain 7 columns so c is not right answer.
highly recommend just passed my exam.
great practice! thanks
anyone who wrote this exam recently?
kindly share the dump
could you please upload cfe fraud prevention and deterrence questions? it will be very much helpful.
this is really very very helpful for mcd level 1
very helpful!
question #18s answer should be a, not d. this should be corrected. it should be minvalidityperiod
thanks for the exact solution
need to refer the questions and have to give the exam
i need it right now if it was possible please
i need it very much please share it in the fastest time.
correct answer is d for student.java program
q:37 c is correct
q6 exam topic: terramearth, c: correct answer: copy 1petabyte to encrypted usb device ???
explained answers
plan to take theaws certified developer - associate dva-c02 in the next few weeks
very helpfull
good questions
help to practice csa exam
nice tip and well documented
i need the exam
please upload
prepping for fsc exam
pd1 with great experience
@t it seems like azure service bus message quesues could be the best solution