CFA, Mock Exam A || With Complete Questions & Answers (100% Correct)
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Module
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
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