CFA study guide with complete
solutions
The weighted average number of years to receipt of the principal and interest payments
that will result in realization of the initial market discount rate on a bond is best
described as - Answer️️ -Macaulay duration
When parties exchange fixed cash p...
In setting the confidence interval for the population mean of a normal or approximately
normal distribution, and given that the sample size is small, Student's t-distribution is the
most appropriate approach when the variance is - Answer✔️✔️-Unknown
The probability of Event A is 40%. The probability of Event B is 60%. The joint
probability of ABis 40%. The probability (P) that A or B occurs, or both occur, is closest
to - Answer✔️✔️-60%
Ethical principles are sets of beliefs centered around: - Answer✔️✔️-societies views on
what is considered good or bad conduct
If a firm restructures and wants to remain compliant with the GIPS standards, it should
most likely: - Answer✔️✔️-maintain the historical performances for all composites
In order to provide investors with a more comprehensive view of a firm's performance,
the current GIPS standards includes new provisions related to: - Answer✔️✔️-various
measures of risk
If the distribution of the population from which samples of size n are drawn is positively
skewed and given that the sample size, n, is large, the sampling distribution of the
sample means is most likely to have a: - Answer✔️✔️-distribution that is approximately
normal
empirical probability - Answer✔️✔️-probability estimated from data as a relative
frequency of occurrence
A z-test regarding a mean is most appropriate when the - Answer✔️✔️-variance is
unknown and sample is small and normally distributed
Page | 2
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 SophiaBennett. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
