CFA, Mock Exam A || With Complete Questions & Answers (100% Correct)
9 views 0 purchase
Course
CFA - Chartered Financial Analyst
Institution
CFA - Chartered Financial Analyst
CFA, Mock Exam A || With Complete Questions & Answers (100% Correct)
CFA, Mock Exam A || With Complete Questions & Answers (100% Correct)
A two-tailed test of the null hypothesis that the mean of a distribution is equal to 4.00 has a p-value of 0.0567. Using a 5% level of significance (i.e., α...
, CFA, Mock Exam A || With Complete
Questions & Answers (100% Correct)
A two-tailed test of the null hypothesis that the mean of a distribution is equal to 4.00
has a p-value of 0.0567. Using a 5% level of significance (i.e., α = 0.05), the best
conclusion is to: - ANSWER - fail to reject the null hypothesis
A portfolio manager would like to calculate the compound rate of return on an
investment. Which of the following mean returns will he most likely use? - ANSWER
- Geometric
A portfolio manager estimates the probabilities of the following events for a mutual
fund:
Event A: the fund will earn a return of 5%.
Event B: the fund will earn a return below 5%.
The least appropriate description of the events is that they are: - ANSWER -
=exhaustive
(they are dependent and mutually exclusive(can not occur at the same time)
The effective annual yield (EAY) for an investment is 8.0%. Its bond equivalent yield
is closest to: - ANSWER - EAY = (1 + YTM)365/t − 1
Bayes' formula - ANSWER - P(Event | Information) =
[P(Information|Event)/ *P(event)
P(Information)]
cross sectional data - ANSWER - data on some characteristics of companies at a
single point in time are cross-sectional data
geometric mean - ANSWER - RG = [∏Tt=1(1+Rt)]^1/T −1
An analyst knows the mean and variance for each of the four stocks. In order to
estimate the portfolio mean and variance, the analyst will require the stocks': -
ANSWER - pairwise correlations
For a given economy and a given period of time, GDP measures the: - ANSWER -
aggregate income earned by all households, all companies, and the government
unemployment rate = - ANSWER - unemployed/labor force
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller conceptialresearchers. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
