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

Free Test Prep CFA® LEVEL 1 Real Questions (page: 129)

The sampling method in which a sample is selected by first dividing the population into groups and then selecting members from each group is known as:

  1. simple random sampling.
  2. stratified random sampling.
  3. cluster sampling.
  4. systematic random sampling.

Answer(s): B

Explanation:

The population is divided into strata or subcategories and a sample is randomly selected from each strata.



What monthly payment is required over the next 48 months to pay off a $10,000 debt today, if interest is

charged at 14% per year, compounded monthly?

  1. $366.67
  2. $250.54
  3. $104.54
  4. $273.26
  5. $116.02

Answer(s): D

Explanation:

On the BAII Plus, press 48 N, 14 divide 12 = I/Y, 10000 PV, 0 FV, CPT PMT. On the HP12C, press 48 n, 14 ENTER 12 divide i, 10000 PV, 0 FV, PMT. Make sure the BAII Plus has the P/Y value set to 1.



If alpha = .05, what is the probability of making a Type I error?

  1. None of these answers
  2. 20/20
  3. 0
  4. 19/20
  5. 1/20

Answer(s): E

Explanation:

Alpha is the probability of committing a type I error. So 0.05 = 1/20.



What is the annual Internal Rate of Return of this series of annual cash flows: Year 0: <$15,000>, Year 1:
$8,000, Year 2: $8,000, Year 3: $1,000, Year 4: $4,000 (Note that the <> are used to indicate a negative number).

  1. 16.61%
  2. 17.12%
  3. 18.83%
  4. 15.55%
  5. 13.74%

Answer(s): C

Explanation:

On the BAII Plus, press CF 2nd CLRWork 15000 +/- ENTER DownArrow 8000 ENTER DownArrow DownArrow 8000 ENTER DownArrow DownArrow 1000 ENTER DownArrow DownArrow 4000 ENTER DownArrow DownArrow 2nd Quit. Then press Irr CPT. On the HP12C, press these keys: 15000 CHS BlueShift CFo 8000 BlueShift CFj 8000 BlueShift CFj 1000 BlueShift CFj 4000 BlueShift CFj. Then press YellowShift Irr. The "DownArrow" represents the downward-pointing arrow on the top row of the BAII Plus keyboard. Make sure the BAII Plus has the P/Y value set to 1.



The weights (in grams) of the contents of several small bottles are 4, 2, 5, 4, 5, 2 and 6. What is the sample variance?

  1. 6.92
  2. None of these answers
  3. 1.96
  4. 2.33
  5. 4.80

Answer(s): D

Explanation:

Sample variance is given by: (Sum of squared deviation from the mean)/(n-1). Mean is 4. Sample variance = 14/6 = 2.33
xx-mean(x-mean)^2
2-24
2-24



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

A
Ajay
10/3/2023 12:17:00 PM

could you please re-upload this exam? thanks a lot!

H
him
9/30/2023 2:38:00 AM

great about shared quiz

S
San
11/14/2023 12:46:00 AM

goood helping

W
Wang
6/9/2022 10:05:00 PM

pay attention to questions. they are very tricky. i waould say about 80 to 85% of the questions are in this exam dump.

M
Mary
5/16/2023 4:50:00 AM

wish you would allow more free questions

T
thomas
9/12/2023 4:28:00 AM

great simulation

S
Sandhya
12/9/2023 12:57:00 AM

very g inood

A
Agathenta
12/16/2023 1:36:00 PM

q35 should be a

M
MD. SAIFUL ISLAM
6/22/2023 5:21:00 AM

sap c_ts450_2021

S
Satya
7/24/2023 3:18:00 AM

nice questions

S
sk
5/13/2023 2:10:00 AM

ecellent materil for unserstanding

G
Gerard
6/29/2023 11:14:00 AM

good so far

L
Limbo
10/9/2023 3:08:00 AM

this is way too informative

T
Tejasree
8/26/2023 1:46:00 AM

very helpfull

Y
Yolostar Again
10/12/2023 3:02:00 PM

q.189 - answers are incorrect.

S
Shikha Bakra
9/10/2023 5:16:00 PM

awesome job in getting these questions

K
Kevin
10/20/2023 2:01:00 AM

i cant find aws certified practitioner clf-c01 exam in aws website but i found aws certified practitioner clf-c02 exam. can everyone please verify the difference between the two clf-c01 and clf-c02? thank you

D
D Mario
6/19/2023 10:38:00 PM

grazie mille. i got a satisfactory mark in my exam test today because of this exam dumps. sorry for my english.

B
Bharat Kumar Saraf
10/31/2023 4:36:00 AM

some of the answers are incorrect. need to be reviewed.

J
JP
7/13/2023 12:21:00 PM

so far so good

K
Kiky V
8/8/2023 6:32:00 PM

i am really liking it

T
trying
7/28/2023 12:37:00 PM

thanks good stuff

E
exampei
10/4/2023 2:40:00 PM

need dump c_tadm_23

E
Eman Sawalha
6/10/2023 6:18:00 AM

next time i will write a full review

J
johnpaul
11/15/2023 7:55:00 AM

first time using this site

O
omiornil@gmail.com
7/25/2023 9:36:00 AM

please sent me oracle 1z0-1105-22 pdf

J
John
8/29/2023 8:59:00 PM

very helpful

K
Kvana
9/28/2023 12:08:00 PM

good info about oml

C
Checo Lee
7/3/2023 5:45:00 PM

very useful to practice

D
dixitdnoh@gmail.com
8/27/2023 2:58:00 PM

this website is very helpful.

S
Sanjay
8/14/2023 8:07:00 AM

good content

B
Blessious Phiri
8/12/2023 2:19:00 PM

so challenging

P
PAYAL
10/17/2023 7:14:00 AM

17 should be d ,for morequery its scale out

K
Karthik
10/12/2023 10:51:00 AM

nice question

AI Tutor 👋 I’m here to help!