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

Free Test Prep CFA® LEVEL 1 Real Questions (page: 140)

Which of the following is/are true?

  1. It is harder to reject the null under a two-tailed test than under a one-tailed test.
    II. To test the hypothesis: Ho: X = 0, H1: X < 0, you have to employ a left-tailed test.
    III. The acceptance region under a right tailed test extends from zero to positive infinity.
    IV. The critical z-statistics in one-tailed tests are always lower than the z-statistics in the corresponding two- tailed test.
  2. I, II, III & IV
  3. none of these answers
  4. I, II & III
  5. I, II & IV
  6. II, III & IV

Answer(s): D

Explanation:

Under a two-tailed test, values on either side of the null can contribute to a rejection. Hence, the critical values under a two-tailed test have to be higher than under a one-tailed test for a given level of significance. This makes it harder to reject the null under a two-tailed test. This makes intuitive sense. In a one-tailed test, you are specifying a stricter alternative than under a completely general, two-tailed alternative (in the current example, you are claiming that X is less than zero as an alternative which is a stronger statement than the claim that X is non-zero). The rejection region in a right-tailed regression extends from the critical t-value associated with the given significance level and positive infinity. This critical value is greater than zero.



What is the Net Present Value of this series of annual cash flows using an interest rate of 15% per year: Year
0: <$15,000>, Year 1: $5,000, Year 2: $8,000, Year 3: $11,000? (Note that the <> are used to indicate a negative number).

  1. $2,589.11
  2. $3,104.37
  3. $2,981.21
  4. $5,077.49
  5. $2,629.65

Answer(s): E

Explanation:

On the BAII Plus, press CF 2nd CLRWork 15000 +/- ENTER DownArrow 5000 ENTER DownArrow DownArrow 8000 ENTER DownArrow DownArrow 11000 ENTER DownArrow DownArrow 2nd Quit. Then press NPV 15 ENTER DownArrow CPT. On the HP12C, press these keys: 15000 CHS BlueShift CFo 5000 BlueShift CFj 8000 BlueShift CFj 11000 BlueShift CFj Then press 15 i, YellowShift NPV. 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.



How many monthly payments of $30, beginning next month, are needed to pay off a debt of $1,000, if interest accrues at 10% per year, compounded monthly?

  1. No solution/Error
  2. 32.80
  3. 51.48
  4. 39.21
  5. 27.60

Answer(s): D

Explanation:

On the BAII Plus, press 10 divide 12 = I/Y, 1000 PV, 30 +/- PMT, 0 FV, CPT N. On the HP12C, press 10 ENTER 12 divide i, 1000 PV, 30 CHS PMT, 0 FV, n. Note that the HP12C will display 40 as the answer. Make sure the BAII Plus has the value of P/Y set to 1.



Management is considering adopting a bonus system to increase production. One suggestion is to pay a bonus on the highest 5 percent of production based on past experience. Past records indicate that, on the average, 4,000 units of a small assembly are produced during a week. The distribution of the weekly production is approximately normally distributed with a standard deviation of 60 units. If the bonus is paid on the upper 5 percent of production, the bonus will be paid on how many units or more?

  1. None of these answers
  2. 3196
  3. 5120
  4. 4099
  5. 6255

Answer(s): D

Explanation:

We want the area 1.0 - 0.55 = 0.45. For this we have a z value of 1.645. Now, using z = (x-u)/sigma, we have 1.645 = (x-4000)/60. x = 4099.



A selected group of employees of Unique Buying Services is to be surveyed with respect to a new pension plan. In depth interviews are to be conducted with each employee selected in the sample.
The employees are classified as follows.

Classification Event Number of Employees
Supervisors A 120
Maintenance B 50
Production C 1,460
Management D 302
Secretarial E 68

What is the probability that the first person selected is classified as a maintenance employee?

  1. 0.025
  2. 0.50
  3. None of these answers
  4. 0.20
  5. 1.00

Answer(s): A

Explanation:

There are 2000 employees of which 50 are from maintenance. So 50/2000 = 0.025.



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

A
Aaron
2/8/2023 12:10:00 AM

thank you for providing me with the updated question and answers. this version has all the questions from the exam. i just saw them in my exam this morning. i passed my exam today.

S
Sarwar
12/21/2023 4:54:00 PM

how i can see exam questions?

C
Chengchaone
9/11/2023 10:22:00 AM

can you please upload please?

M
Mouli
9/2/2023 7:02:00 AM

question 75: option c is correct answer

J
JugHead
9/27/2023 2:40:00 PM

please add this exam

S
sushant
6/28/2023 4:38:00 AM

please upoad

J
John
8/7/2023 12:09:00 AM

has anyone recently attended safe 6.0 certification? is it the samq question from here.

B
Blessious Phiri
8/14/2023 3:49:00 PM

expository experience

C
concerned citizen
12/29/2023 11:31:00 AM

52 should be b&c. controller failure has nothing to do with this type of issue. degraded state tells us its a raid issue, and if the os is missing then the bootable device isnt found. the only other consideration could be data loss but thats somewhat broad whereas b&c show understanding of the specific issues the question is asking about.

D
deedee
12/23/2023 5:10:00 PM

great help!!!

S
Samir
8/1/2023 3:07:00 PM

very useful tools

S
Saeed
11/7/2023 3:14:00 AM

looks a good platform to prepare az-104

M
Matiullah
6/24/2023 7:37:00 AM

want to pass the exam

S
SN
9/5/2023 2:25:00 PM

good resource

Z
Zoubeyr
9/8/2023 5:56:00 AM

question 11 : d

U
User
8/29/2023 3:24:00 AM

only the free dumps will be enough for pass, or have to purchase the premium one. please suggest.

C
CW
7/6/2023 7:37:00 PM

good questions. thanks.

F
Farooqi
11/21/2023 1:37:00 AM

good for practice.

I
Isaac
10/28/2023 2:30:00 PM

great case study

M
Malviya
2/3/2023 9:10:00 AM

the questions in this exam dumps is valid. i passed my test last monday. i only whish they had their pricing in inr instead of usd. but it is still worth it.

R
rsmyth
5/18/2023 12:44:00 PM

q40 the answer is not d, why are you giving incorrect answers? snapshot consolidation is used to merge the snapshot delta disk files to the vm base disk

K
Keny
6/23/2023 9:00:00 PM

thanks, very relevant

M
Muhammad Rawish Siddiqui
11/29/2023 12:14:00 PM

wrong answer. it is true not false.

J
Josh
7/10/2023 1:54:00 PM

please i need the mo-100 questions

V
VINNY
6/2/2023 11:59:00 AM

very good use full

A
Andy
12/6/2023 5:56:00 AM

very valid questions

M
Mamo
8/12/2023 7:46:00 AM

will these question help me to clear pl-300 exam?

M
Marial Manyang
7/26/2023 10:13:00 AM

please provide me with these dumps questions. thanks

A
Amel Mhamdi
12/16/2022 10:10:00 AM

in the pdf downloaded is write google cloud database engineer i think that it isnt the correct exam

A
Angel
8/30/2023 10:58:00 PM

i think you have the answers wrong regarding question: "what are three core principles of web content accessibility guidelines (wcag)? answer: robust, operable, understandable

S
SH
5/16/2023 1:43:00 PM

these questions are not valid , they dont come for the exam now

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

AI Tutor 👋 I’m here to help!