Test Prep CFA® Level I Chartered Financial Analyst CFA® LEVEL 1 Dumps in PDF

Free Test Prep CFA® LEVEL 1 Real Questions (page: 124)

The following is a distribution of monthly commissions:

Monthly Commissions Class Frequencies

$600 - $7993
$800 - $9997
$1,000 - $1,19911
$1,200 - $1,39922
$1,400 - $1,59940
$1,600 - $1,79924
$1,800 - $1,9999
$2,000 - $2,1994

Referring to the table above, what is the relative frequency of those salespersons that earn more than $1,599?

  1. 25.5%
  2. None of these answers
  3. 29.5%
  4. 27.5%
  5. 30.8%

Answer(s): E

Explanation:

This is found by adding up all the frequencies of the classes above $1599. In this case 24 + 9 + 4 = 37. Then we divide this by the total frequencies, which is 120. Therefore, 37/120 = 30.8%



The probability of the occurrence of an airplane crash and a successful resolution to a labor strike is called:

  1. a conditional probability.
  2. an unrelated probability.
  3. a joint probability.
  4. an unconditional probability.

Answer(s): C

Explanation:

A joint probability takes the form of P(AB), the probability that an event A (an airplane crash) and an event B (the resolution of a strike) both happen.



How much interest would an original $500 deposit earn at 5% per year simple interest after 14 months?

  1. $29.17
  2. $28.14
  3. $583.33
  4. $350.00
  5. $30.04

Answer(s): A

Explanation:

The question only asks for the interest, not the ending balance. On the BAII Plus, press 500 x 0.05 x 14 divide 12 = to see the answer. On the HP12C, press 500 ENTER 0.05 x 14 x 12 divide to see the answer.



In the regression equation, what does the letter "a" represent?

  1. Slope of the line
  2. Y intercept
  3. Any value of the independent variable that is selected
  4. None of these answers

Answer(s): B

Explanation:

The regression is written as Y' = a + bX. The letter "a" is the Y intercept and b is the slope of the line.



Suppose you have two assets, A and B. Over the past 3 periods, A has returned 8%, 2%, and 6%, while B has returned 11%, -5%, and 20%. What is the return covariance between assets A and B?

  1. 0.0%%
  2. 19.79%%
  3. 10.21%%
  4. 31.38%%

Answer(s): B

Explanation:

First we must find the expected returns for A and B. These are 5.33% and 8.67%. Second, we find the difference between each observation and the average: (8% - 5.33%), (2% - 5.33%), and (6% - 5.33%) for A, and (11% - 8.67%), (-5% - 8.67%), and (20% - 8.67%) for B. Next, we multiply these together and sum them:
(8% - 5.33%)*(11% - 8.67%) + (2% - 5.33%)*(-5% - 8.67%) + (6% - 5.33%)*(20% - 8.67%). The sum of these is 59.33%. The covariance is the probability weighted average of these cross products, so we divide by 3 to get 19.78%%. Note, we could have divided each cross product by 3 rather than the sum of the cross products. If the observations did not have the same probability or frequency, we would need to treat each cross product separately rather than divide at the end.



Share your comments for Test Prep CFA® LEVEL 1 exam with other users:

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

question looks valid

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

good for practice

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

need more q&a to go ahead

R
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

N
Nik
11/10/2023 4:57:00 AM

just passed my exam today. i saw all of these questions in my text today. so i can confirm this is a valid dump.

D
Deep
6/12/2023 7:22:00 AM

needed dumps

T
tumz
1/16/2024 10:30:00 AM

very helpful

N
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

Q
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

S
Shiji
10/15/2023 1:31:00 PM

good and useful.

A
Ade
6/25/2023 1:14:00 PM

good questions

P
Praveen P
11/8/2023 5:18:00 AM

good content

A
Anastasiia
12/28/2023 9:06:00 AM

totally not correct answers. 21. you have one gcp account running in your default region and zone and another account running in a non-default region and zone. you want to start a new compute engine instance in these two google cloud platform accounts using the command line interface. what should you do? correct: create two configurations using gcloud config configurations create [name]. run gcloud config configurations activate [name] to switch between accounts when running the commands to start the compute engine instances.

P
Priyanka
7/24/2023 2:26:00 AM

kindly upload the dumps

N
Nabeel
7/25/2023 4:11:00 PM

still learning

G
gure
7/26/2023 5:10:00 PM

excellent way to learn

C
ciken
8/24/2023 2:55:00 PM

help so much

B
Biswa
11/20/2023 9:28:00 AM

understand sql col.

S
Saint Pierre
10/24/2023 6:21:00 AM

i would give 5 stars to this website as i studied for az-800 exam from here. it has all the relevant material available for preparation. i got 890/1000 on the test.

R
Rose
7/24/2023 2:16:00 PM

this is nice.

A
anon
10/15/2023 12:21:00 PM

q55- the ridac workflow can be modified using flow designer, correct answer is d not a

N
NanoTek3
6/13/2022 10:44:00 PM

by far this is the most accurate exam dumps i have ever purchased. all questions are in the exam. i saw almost 90% of the questions word by word.

E
eriy
11/9/2023 5:12:00 AM

i cleared the az-104 exam by scoring 930/1000 on the exam. it was all possible due to this platform as it provides premium quality service. thank you!

M
Muhammad Rawish Siddiqui
12/8/2023 8:12:00 PM

question # 232: accessibility, privacy, and innovation are not data quality dimensions.

V
Venkat
12/27/2023 9:04:00 AM

looks wrong answer for 443 question, please check and update

V
Varun
10/29/2023 9:11:00 PM

great question

D
Doc
10/29/2023 9:36:00 PM

question: a user wants to start a recruiting posting job posting. what must occur before the posting process can begin? 3 ans: comment- option e is incorrect reason: as part of enablement steps, sap recommends that to be able to post jobs to a job board, a user need to have the correct permission and secondly, be associated with one posting profile at minimum

I
It‘s not A
9/17/2023 5:31:00 PM

answer to question 72 is d [sys_user_role]

I
indira m
8/14/2023 12:15:00 PM

please provide the pdf

R
ribrahim
8/1/2023 6:05:00 AM

hey guys, just to let you all know that i cleared my 312-38 today within 1 hr with 100 questions and passed. thank you so much brain-dumps.net all the questions that ive studied in this dump came out exactly the same word for word "verbatim". you rock brain-dumps.net!!! section name total score gained score network perimeter protection 16 11 incident response 10 8 enterprise virtual, cloud, and wireless network protection 12 8 application and data protection 13 10 network défense management 10 9 endpoint protection 15 12 incident d

A
Andrew
8/23/2023 6:02:00 PM

very helpful

L
latha
9/7/2023 8:14:00 AM

useful questions

AI Tutor 👋 I’m here to help!