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

Free Test Prep CFA® LEVEL 1 Real Questions (page: 126)

You are examining a group of 4 stock analysts within an industry. The average stock analyst correctly predicts the direction of a given stock 51% of the time. For these analysts, their accuracy has been 40%, 50%, 60%, and 70%. What is the mean absolute deviation of their accuracy from the average?

  1. 12%.
  2. 10%.
  3. 15%.
  4. 9%.

Answer(s): B

Explanation:

The mean absolute deviation = the sum of (as i goes from 1 to n) of the absolute value of (X_i - Xbar), divided by n. Here, we have [|40% - 51%| + |50% - 51%| + |60% - 51%| + |70% - 51%|]/4 = [11% + 1% + 9% + 19%] / 4 = 40%/4 = 10%.



Assume the least squares equation is Y' = 10 + 20X. What does the value of 20 indicate?

  1. For each unit increased in Y, X increases by 20
  2. Y intercept
  3. None of these answers
  4. For each unit increased in X, Y increases by 20

Answer(s): D

Explanation:

The regression is written as Y' = a + bX. The letter "a" is the Y intercept and b is the slope of the line. Y' is the predicted value of Y given a specific value of X. Here b = 20.



How much would you need to deposit today in order to be able to withdraw $2,500 in 2 years and $1,500 in 5 years, if the account has nothing in it today and interest is 8% per year, compounded annually?

  1. $2,722.33
  2. $3,429.36
  3. $3,164.22
  4. $4,000.00
  5. $3,378.18

Answer(s): C

Explanation:

Work this question as two compound interest problems. On the BAII Plus, press 2 N, 8 I/Y, 0 PMT, 2500 FV, CPT PV, which yields $2,143.35. Then press STO 1. Then press 5 N, 1500 FV, CPT PV, which yields $1,020.87. Then press + RCL 1 = to see the answer. On the HP12C, press 2 n, 8 i, 0 PMT, 2500 FV, PV. Then press STO 1. Then press 5 n, 1500 FV, PV. Then press RCL 1 + to see the answer. Note that the answer will be displayed as a negative number.



How many monthly deposits of $50, beginning next month, will you need to make into an account that pays 6% per year, compounded monthly, before you will have $20,000?

  1. 110.59
  2. 201.49
  3. 400.00
  4. 220.27
  5. 287.71

Answer(s): D

Explanation:

On the BAII Plus, press 6 divide 12 = I/Y, 0 PV, 50 PMT, 20000 +/- FV, CPT N. On the HP12C, press 6 ENTER 12 divide i, 0 PV, 50 PMT, 20000 CHS FV, n. Note that the HP12C will display 221 as the answer. Make sure the BAII Plus has the value of P/Y set to 1.



What annual interest rate, compounded annually, would cause a series of 10 deposits of $1,000 to accumulate to $18,000, if the first deposit is made one year from today?

  1. 14.49%
  2. 12.52%
  3. 12.69%
  4. 11.84%
  5. 35.82%

Answer(s): B

Explanation:

On the BAII Plus, press 10 N, 0 PV, 1000 PMT, 18000 +/- FV, CPT I/Y. On the HP12C, press 10 n, 0 PV, 1000 PMT, 18000 CHS FV, i. Make sure that the BAII Plus has the P/Y value set to 1.



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

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

D
Did
1/12/2024 3:01:00 AM

q6 = 1. download odt application 2. create a configuration file (xml) 3. setup.exe /download to download the installation files 4. setup.exe /configure to deploy the application

J
John
10/12/2023 12:30:00 PM

great material

D
Dinesh
8/1/2023 2:26:00 PM

could you please upload sap c_arsor_2302 questions? it will be very much helpful.

L
LBert
6/19/2023 10:23:00 AM

vraag 20c: rsa veilig voor symmtrische cryptografie? antwoord c is toch fout. rsa is voor asymmetrische cryptogafie??

AI Tutor 👋 I’m here to help!