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

Free Test Prep CFA-Level-I Real Questions (page: 151)

During the past six months, the purchasing agent bought:

Tons of Coal 1,200 3,000 500
Price Per Ton $28.50 $87.25 $88.00

What is the weighted mean price per ton?

  1. $89.18
  2. $68.47
  3. None of these answers
  4. $87.25
  5. $72.33

Answer(s): E

Explanation:

(1200*28.5)+(3000*87.25)+(500*88) = 339950. Mean = 339950/4700 = 72.33



Sixty percent of the customers of a fast food chain order the Whopper, fries and a drink. If a random sample of 15 cash register receipts is selected, what is the probability that 10 or more will show that the above three food items were ordered?

  1. 0.186
  2. None of these answers
  3. 1,000
  4. 0.403
  5. 0.000

Answer(s): D

Explanation:

This is a binomial probability. The probability of getting r successes out of n trials where the probability of success each trial is p and probability of failure each trial is q (where q = 1-p) is given by: n!(p^r)[q^(n-r)]/r!(n-r)!.
Therefore, we need to find out the probability of getting 10, 11,12,13,14,15 successes and add them up. Here n=15, p=0.6 and q=0.4. r changes from 10 to 15.
P(10 successes) = 15!(0.6^10)(0.4^5)/10!(15-10)! = 0.1859
P(11 successes) = 15!(0.6^11)(0.4^4)/11!(15-11)! = 0.1268
P(12 successes) = 15!(0.6^12)(0.4^3)/12!(15-12)! = 0.0634
P(13 successes) = 15!(0.6^13)(0.4^2)/13!(15-13)! = 0.0219
P(14 successes) = 15!(0.6^14)(0.4^1)/14!(15-14)! = 0.0047
P(15 successes) = 15!(0.6^15)(0.4^0)/15!(15-15)! = 0.00047
The sum of all the probabilities is 0.403.



What is the present value today of these annual cash flows: <$10,000>, $5,000, $4,000, $3,000, $2,000? Assume the first cash flow occurs today and an interest rate of 8% per year, compounded annually. (Note that the <> are used to indicate a negative number).

  1. $1,910.54
  2. $2,045.10
  3. $2,110.45
  4. $2,380.01
  5. $4,000.00

Answer(s): A

Explanation:

You could solve this question using several different compound interest problems, but it is easier to solve them using the calculator's cash flow functions. On the BAII Plus, press CF 2nd CLRWork 10000 +/- ENTER DownArrow 5000 ENTER DownArrow DownArrow 4000 ENTER DownArrow DownArrow 3000 ENTER DownArrow DownArrow 2000 ENTER DownArrow DownArrow 2nd Quit. Then press NPV 8 ENTER DownArrow CPT. On the HP12C, press these keys: 10000 CHS BlueShift CFo 5000 BlueShift CFj 4000 BlueShift CFj 3000 BlueShift CFj 2000 BlueShift CFj. Then press 8 i, YellowShift NPV. The "DownArrow" represents the downward-pointing arrow on the top row of the BAII Plus keyboard.



The number of work stoppages in a highly industrialized region for selected months are: 6, 0, 10, 14, 8 and 0.
What is the median number of stoppages?

  1. 7
  2. 8
  3. 0
  4. 6
  5. None of these answers

Answer(s): A

Explanation:

Order the observations: 0,0,6,8,10,14. The median is (6 + 8)/2 = 7



Which of the following is not one of the five steps in the hypothesis testing procedure?

  1. Identify the test statistic
  2. All of these answers are part of the five steps
  3. Select a level for beta
  4. State the null and alternate hypothesis
  5. Formulate a decision rule

Answer(s): C

Explanation:

The beta is determined by our choice of the decision rule and significance level. It is not determine on the outset.



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

V
Vv
12/2/2023 6:31:00 AM

good to prepare in this site

P
praveenkumar
11/20/2023 11:57:00 AM

very helpful to crack first attempt

A
asad Raza
5/15/2023 5:38:00 AM

please upload this exam

R
Reeta
7/17/2023 5:22:00 PM

please upload the c_activate22 dump questions with answer

W
Wong
12/20/2023 11:34:00 AM

q10 - the answer should be a. if its c, the criteria will meet if either the prospect is not part of the suppression lists or if the job title contains vice president

D
david
12/12/2023 12:38:00 PM

this was on the exam as of 1211/2023

T
Tink
7/24/2023 9:23:00 AM

great for prep

J
Jaro
12/18/2023 3:12:00 PM

i think in question 7 the first answer should be power bi portal (not power bi)

9
9eagles
4/7/2023 10:04:00 AM

on question 10 and so far 2 wrong answers as evident in the included reference link.

T
Tai
8/28/2023 5:28:00 AM

wonderful material

V
VoiceofMidnight
12/29/2023 4:48:00 PM

i passed!! ...but barely! got 728, but needed 720 to pass. the exam hit me with labs right out of the gate! then it went to multiple choice. protip: study the labs!

A
A K
8/3/2023 11:56:00 AM

correct answer for question 92 is c -aws shield

N
Nitin Mindhe
11/27/2023 6:12:00 AM

great !! it is really good

B
BailleyOne
11/22/2023 1:45:00 AM

explanations for the answers are to the point.

P
patel
10/25/2023 8:17:00 AM

how can rea next

M
MortonG
10/19/2023 6:32:00 PM

question: 128 d is the wrong answer...should be c

J
Jayant
11/2/2023 3:15:00 AM

thanks for az 700 dumps

B
Bipul Mishra
12/14/2023 7:12:00 AM

thank you for this tableau dumps . it will helpfull for tableau certification

H
hello
10/31/2023 12:07:00 PM

good content

M
Matheus
9/3/2023 2:14:00 PM

just testing if the comments are real

Y
yenvti2@gmail.com
8/12/2023 7:56:00 PM

very helpful for exam preparation

M
Miguel
10/5/2023 12:16:00 PM

question 11: https://help.salesforce.com/s/articleview?id=sf.admin_lead_to_patient_setup_overview.htm&type=5

N
Noushin
11/28/2023 4:52:00 PM

i think the answer to question 42 is b not c

S
susan sandivore
8/28/2023 1:00:00 AM

thanks for the dump

A
Aderonke
10/31/2023 12:51:00 AM

fantastic assessments

P
Priscila
7/22/2022 9:59:00 AM

i find the xengine test engine simulator to be more fun than reading from pdf.

S
suresh
12/16/2023 10:54:00 PM

nice document

W
Wali
6/4/2023 10:07:00 PM

thank you for making the questions and answers intractive and selectable.

N
Nawaz
7/18/2023 1:10:00 AM

answers are correct?

D
das
6/23/2023 7:57:00 AM

can i belive this dump

S
Sanjay
10/15/2023 1:34:00 PM

great site to practice for sitecore exam

J
jaya
12/17/2023 8:36:00 AM

good for students

B
Bsmaind
8/20/2023 9:23:00 AM

nice practice dumps

K
kumar
11/15/2023 11:24:00 AM

nokia 4a0-114 dumps

AI Tutor 👋 I’m here to help!