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

Free Test Prep CFA-Level-I Real Questions (page: 113)

The coefficient of variation of a distribution X is twice that of Y. If X and Y have the same means, the variance of Y is:

  1. half that of X.
  2. twice that of X.
  3. none of these answers.
  4. same as that of X.

Answer(s): C

Explanation:

The coefficient of variation equals the standard deviation divided by mean. Since X and Y have the same mean, X must have a standard deviation which is twice that of Y for its coefficient of variation to be twice that of Y.
Then, the variance of X is 2^2 = 4 times that of Y.



Milton Samuel, a quantitative analyst with Middle Road Brokerage, is examining a data sample and has amassed the following information:

Standard deviation of the sample: 12.37
Number of observations: 100
Sample mean: 231

Assume that Mr. Samuel formulates a null hypothesis stating that the population mean is equal to 212. 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. 1.530; 10.19
  2. 1.250; 15.20
  3. 1.250; 16.91
  4. 1.237; 5.40
  5. None of these answers is correct.
  6. 1.530; 12.42
  7. 1.237; 15.36

Answer(s): G

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 = [12.37 / 10] = 1.237}
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 = [231 - 212] / 1.237 = 15.360}



If you deposit $123 into an account paying 6% per year simple interest, what is the balance in your account 8 months later?

  1. $182.04
  2. $246.00
  3. $123.92
  4. $127.92
  5. $131.51

Answer(s): D

Explanation:

Calculate the simple interest earned and add it to the original deposit. On the BAII Plus, press 123 x 0.06 x 8 divide 12 = + 123 = to see the answer. On the HP12C, press 123 ENTER 0.06 x 8 x 12 divide 123 + to see the answer.



Suppose you were given $10,000 today and deposited it into an account paying 10% per year, compounded monthly. If you know that you will need $5,000 in the account 5 years from now, what monthly withdrawal can you make from the account, beginning one month from now, that will leave the account with exactly $5,000 in it in 5 years?

  1. $147.90
  2. $83.33
  3. $1,066.81
  4. $140.04
  5. $1,001.65

Answer(s): A

Explanation:

On the BAII Plus, press 60 N, 10 divide 12 = I/Y, 10000 PV, 5000 +/- FV, CPT PMT. On the HP12C, press 60 n, 10 ENTER 12 divide i, 10000 PV, 5000 CHS FV, PMT. Note that the answer is a negative number. This is because it is a withdrawal from the account balance, just as the $5,000 is. Make sure the BAII Plus has the value of P/Y set to 1.



How many deposits of $450 a month, beginning next month, are needed before an account has $200,000 in it, assuming it had a balance of $0 at the beginning and that interest is 6% per year, compounded monthly?

  1. 166.79
  2. 234.6
  3. 119.48
  4. No solution/Error
  5. 444.44

Answer(s): B

Explanation:

One of the two dollar amounts must be entered as a negative number and the other as a positive number or an error will result. On the BAII Plus, press 6 divide 12 = I/Y, 0 PV, 450 PMT, 200000 +/- FV, CPT N. On the HP12C, press 6 ENTER 12 divide i, 0 PV, 450 PMT, 200000 CHS FV, n. Note that the HP12C returns a result of 235. Make sure the BAII Plus has the P/Y value set to 1.



Share your comments for Test Prep CFA-Level-I exam with other users:

S
S Roychowdhury
6/26/2023 5:27:00 PM

what is the percentage of common questions in gcp exam compared to 197 dump questions? are they 100% matching with real gcp exam?

B
Bella
7/22/2023 2:05:00 AM

not able to see questions

S
Scott
9/8/2023 7:19:00 AM

by far one of the best sites for free questions. i have pass 2 exams with the help of this website.

D
donald
8/19/2023 11:05:00 AM

excellent question bank.

A
Ashwini
8/22/2023 5:13:00 AM

it really helped

S
sk
5/13/2023 2:07:00 AM

excelent material

C
Christopher
9/5/2022 10:54:00 PM

the new versoin of this exam which i downloaded has all the latest questions from the exam. i only saw 3 new questions in the exam which was not in this dump.

S
Sam
9/7/2023 6:51:00 AM

question 8 - can cloudtrail be used for storing jobs? based on aws - aws cloudtrail is used for governance, compliance and investigating api usage across all of our aws accounts. every action that is taken by a user or script is an api call so this is logged to [aws] cloudtrail. something seems incorrect here.

T
Tanvi Rajput
8/14/2023 10:55:00 AM

question 13 tda - c01 answer : quick table calculation -> percentage of total , compute using table down

P
PMSAGAR
9/19/2023 2:48:00 AM

pls share teh dump

Z
zazza
6/16/2023 10:47:00 AM

question 44 answer is user risk

P
Prasana
6/23/2023 1:59:00 AM

please post the questions for preparation

T
test user
9/24/2023 3:15:00 AM

thanks for the questions

D
Draco
7/19/2023 5:34:00 AM

please reopen it now ..its really urgent

M
Megan
4/14/2023 5:08:00 PM

these practice exam questions were exactly what i needed. the variety of questions and the realistic exam-like environment they created helped me assess my strengths and weaknesses. i felt more confident and well-prepared on exam day, and i owe it to this exam dumps!

A
abdo casa
8/9/2023 6:10:00 PM

thank u it very instructuf

D
Danny
1/15/2024 9:10:00 AM

its helpful?

H
hanaa
10/3/2023 6:57:00 PM

is this dump still valid???

G
Georgio
1/19/2024 8:15:00 AM

question 205 answer is b

M
Matthew Dievendorf
5/30/2023 9:37:00 PM

question 39, should be answer b, directions stated is being sudneted from /21 to a /23. a /23 has 512 ips so 510 hosts. and can make 4 subnets out of the /21

A
Adhithya
8/11/2022 12:27:00 AM

beautiful test engine software and very helpful. questions are same as in the real exam. i passed my paper.

S
SuckerPumch88
4/25/2022 10:24:00 AM

the questions are exactly the same in real exam. just make sure not to answer all them correct or else they suspect you are cheating.

S
soheib
7/24/2023 7:05:00 PM

question: 78 the right answer i think is d not a

S
srija
8/14/2023 8:53:00 AM

very helpful

T
Thembelani
5/30/2023 2:17:00 AM

i am writing this exam tomorrow and have dumps

A
Anita
10/1/2023 4:11:00 PM

can i have the icdl excel exam

B
Ben
9/9/2023 7:35:00 AM

please upload it

A
anonymous
9/20/2023 11:27:00 PM

hye when will post again the past year question for this h13-311_v3 part since i have to for my test tommorow…thank you very much

R
Randall
9/28/2023 8:25:00 PM

on question 22, option b-once per session is also valid.

T
Tshegofatso
8/28/2023 11:51:00 AM

this website is very helpful

P
philly
9/18/2023 2:40:00 PM

its my first time exam

B
Beexam
9/4/2023 9:06:00 PM

correct answers are device configuration-enable the automatic installation of webview2 runtime. & policy management- prevent users from submitting feedback.

R
RAWI
7/9/2023 4:54:00 AM

is this dump still valid? today is 9-july-2023

A
Annie
6/7/2023 3:46:00 AM

i need this exam.. please upload these are really helpful

AI Tutor 👋 I’m here to help!