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 questions
question 182 - correct answer is d. ethernet frame length is 64 - 1518b. length of user data containing is that frame: 46 - 1500b.
i need this exam pls
its required for me, please make it enable to access. thanks
seems good..
took the test last week, i did have about 15 - 20 word for word from this site on the test. (only was able to cram 600 of the questions from this site so maybe more were there i didnt review) had 4 labs, bgp, lacp, vrf with tunnels and actually had to skip a lab due to time. lots of automation syntax questions.
no comments
nice questions bring out the best in you.
really helpful
question #50 and question #81 are exactly the same questions, azure site recovery provides________for virtual machines. the first says that it is fault tolerance is the answer and second says disater recovery. from my research, it says it should be disaster recovery. can anybody explain to me why? thank you
iam thankful for these exam dumps questions, i would not have passed without this exam dumps.
some of the answers seem to be inaccurate. q10 for example shouldnt it be an m custom column?
are the question real or fake?
thank you for providing such assistance.
nice questions
my 3rd purcahse from this site. these exam dumps are helpful. very helpful.
found it good
excellent material
very helpfull
well explained.
i need the pdf, please.
a good source for exam preparation
i need ielts general training audio guide questions
please make this content available
content is good
latest dumps please
aside from pdf the test engine software is helpful. the interface is user-friendly and intuitive, making it easy to navigate and find the questions.
questions and options are correct, but the answers are wrong sometimes. so please check twice or refer some other platform for the right answer
90% of questions was there but i failed the exam, i marked the answers as per the guide but looks like they are not accurate , if not i would have passed the exam given that i saw about 45 of 50 questions from dump
answer to this question "what administrative safeguards should be implemented to protect the collected data while in use by manasa and her product management team? " it should be (c) for the following reasons: this administrative safeguard involves controlling access to collected data by ensuring that only individuals who need the data for their job responsibilities have access to it. this helps minimize the risk of unauthorized access and potential misuse of sensitive information. while other options such as (a) documenting data flows and (b) conducting a privacy impact assessment (pia) are important steps in data protection, implementing a "need to know" access policy directly addresses the issue of protecting data while in use by limiting access to those who require it for legitimate purposes. (d) is not directly related to safeguarding data during use; it focuses on data transfers and location.
password lockout being the correct answer for question 37 does not make sense. it should be geofencing.
for question 4, the righr answer is :recover automatically from failures
question number 4s answer is 3, option c. i