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

Free Test Prep CFA® LEVEL 1 Real Questions (page: 138)

You are given n = 12, sum of the (X_i) = 2%, sum of the (X_i)^2 = 0.5%%. Find the sample standard deviation.

  1. 1.27%.
  2. 1.73%.
  3. 1.23%.
  4. 1.11%.

Answer(s): C

Explanation:

The sample standard deviation will be the positive square root of the sample variance. The sample variance will be determined using the computational formula [1/(n-1)] * {sum (as i goes from 1 to n) of (X_i)^2 - (1/n) * [sum (as i goes from 1 to n) of (X_i)]^2}. So we get 1/11 * (0.5 - 1/12*(2^2)) = 1.51%%. The positive square root of 1.51%% is 1.23%.



Sharleef Nettleton, a quantitative analyst with Churn Brothers Brokerage, is examining a data sample and has amassed the following information:
Standard deviation of the sample: 2.90
Number of observations: 68
Degrees of freedom: 2
Sample mean: 114

Assume that Ms. Nettleton formulates a null hypothesis that states that the value of the population mean is zero. Additionally, assume that the population standard deviation is unknown. Given this information, what is the standard error of the estimate? Further, what is the test statistic? Choose the best answer.

  1. 1.0199; 111.78
  2. 0.3517; 84.34
  3. 1.0199; 56.44
  4. 0.3517; 324.14
  5. None of these answers is correct.
  6. 0.3570; 29.91
  7. 0.3570; 319.38

Answer(s): D

Explanation:

If the population standard deviation is unknown, as in this example, the standard error of the estimate is found by using the following equation:
{Standard error = s / square root of n} where s = the sample standard deviation and n = the number of observations in the sample.
In this example, all of the necessary information has been provided, and the determination of the standard error of the estimate is found as:
{Standard error = [2.90 / 8.2462] = 0.3517}
Now that the standard error of the estimate has been calculated, the test statistic can be found by using the following equation:
{Test statistic = [sample statistic - value of the population parameter under the null hypothesis] / standard error of the sample statistic].
Again, all of the necessary information has been provided, and the calculation of the test statistic is found as follows:
{Test statistic = [114 - 0] / 0.3517 = 324.14}
This is a very large test statistic and the null hypothesis will likely be rejected unless a very low level of confidence is employed.



If all the 10,000 data points in a regression lie exactly on a straight line, which of the following is/are true?

  1. The intercept term is zero.
    II. The percentage of unexplained variance equals zero
    III. The slope coefficient is positive.
    IV. The correlation coefficient between the dependent and independent variables is 1.
  2. III only
  3. IV only
  4. II & IV
  5. III & IV
  6. II only
  7. I only

Answer(s): E

Explanation:

Since there is no error in the regression, the percentage of unexplained variance will be zero. The intercept and slope terms can be any real numbers and the correlation coefficient will be either + 1 or - 1.



Which is true of a leptokurtic distribution?

  1. It will be more peaked than the normal distribution.
    II. It will have thinner tails than the normal distribution.
    III. It will be less peaked than the normal distribution.
    IV. It will have fatter tails than the normal distribution.
  2. I and II.
  3. I and IV.
  4. III and II.
  5. III and IV.

Answer(s): B

Explanation:

I and IV are true of leptokurtic distributions. This is also called having "excess kurtosis." II and III are characteristic of platykurtic distributions.



An experiment may have:

  1. Two or more results
  2. None of these answers
  3. Only two results
  4. Only one result

Answer(s): A

Explanation:

Experiments may have many outcomes.



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

S
siva
5/17/2023 12:32:00 AM

very helpfull

M
mouna
9/27/2023 8:53:00 AM

good questions

B
Bhavya
9/12/2023 7:18:00 AM

help to practice csa exam

M
Malik
9/28/2023 1:09:00 PM

nice tip and well documented

R
rodrigo
6/22/2023 7:55:00 AM

i need the exam

D
Dan
6/29/2023 1:53:00 PM

please upload

A
Ale M
11/22/2023 6:38:00 PM

prepping for fsc exam

A
ahmad hassan
9/6/2023 3:26:00 AM

pd1 with great experience

Ž
Žarko
9/5/2023 3:35:00 AM

@t it seems like azure service bus message quesues could be the best solution

S
Shiji
10/15/2023 1:08:00 PM

helpful to check your understanding.

D
Da Costa
8/27/2023 11:43:00 AM

question 128 the answer should be static not auto

B
bot
7/26/2023 6:45:00 PM

more comments here

K
Kaleemullah
12/31/2023 1:35:00 AM

great support to appear for exams

B
Bsmaind
8/20/2023 9:26:00 AM

useful dumps

B
Blessious Phiri
8/13/2023 8:37:00 AM

making progress

N
Nabla
9/17/2023 10:20:00 AM

q31 answer should be d i think

V
vladputin
7/20/2023 5:00:00 AM

is this real?

N
Nick W
9/29/2023 7:32:00 AM

q10: c and f are also true. q11: this is outdated. you no longer need ownership on a pipe to operate it

N
Naveed
8/28/2023 2:48:00 AM

good questions with simple explanation

C
cert
9/24/2023 4:53:00 PM

admin guide (windows) respond to malicious causality chains. when the cortex xdr agent identifies a remote network connection that attempts to perform malicious activity—such as encrypting endpoint files—the agent can automatically block the ip address to close all existing communication and block new connections from this ip address to the endpoint. when cortex xdrblocks an ip address per endpoint, that address remains blocked throughout all agent profiles and policies, including any host-firewall policy rules. you can view the list of all blocked ip addresses per endpoint from the action center, as well as unblock them to re-enable communication as appropriate. this module is supported with cortex xdr agent 7.3.0 and later. select the action mode to take when the cortex xdr agent detects remote malicious causality chains: enabled (default)—terminate connection and block ip address of the remote connection. disabled—do not block remote ip addresses. to allow specific and known s

Y
Yves
8/29/2023 8:46:00 PM

very inciting

M
Miguel
10/16/2023 11:18:00 AM

question 5, it seems a instead of d, because: - care plan = case - patient = person account - product = product2;

B
Byset
9/25/2023 12:49:00 AM

it look like real one

D
Debabrata Das
8/28/2023 8:42:00 AM

i am taking oracle fcc certification test next two days, pls share question dumps

N
nITA KALE
8/22/2023 1:57:00 AM

i need dumps

C
CV
9/9/2023 1:54:00 PM

its time to comptia sec+

S
SkepticReader
8/1/2023 8:51:00 AM

question 35 has an answer for a different question. i believe the answer is "a" because it shut off the firewall. "0" in registry data means that its false (aka off).

N
Nabin
10/16/2023 4:58:00 AM

helpful content

B
Blessious Phiri
8/15/2023 3:19:00 PM

oracle 19c is complex db

S
Sreenivas
10/24/2023 12:59:00 AM

helpful for practice

L
Liz
9/11/2022 11:27:00 PM

support team is fast and deeply knowledgeable. i appreciate that a lot.

N
Namrata
7/15/2023 2:22:00 AM

helpful questions

L
lipsa
11/8/2023 12:54:00 PM

thanks for question

E
Eli
6/18/2023 11:27:00 PM

the software is provided for free so this is a big change. all other sites are charging for that. also that fucking examtopic site that says free is not free at all. you are hit with a pay-wall.

AI Tutor 👋 I’m here to help!