Free CFA-Level-I Exam Braindumps (page: 187)

Page 187 of 991

Suppose a research firm conducted a survey to determine the average amount of money steady smokers spend on cigarettes during a week. A sample of 500 steady smokers revealed that the sample mean is $20 and the sample standard deviation is $5. What is the point estimate?

  1. $20
  2. None of these answers
  3. $25
  4. $0.04
  5. $5

Answer(s): A

Explanation:

The sample mean is a good estimate for the population mean.



A survey of passengers on domestic flights revealed these miles:

Miles Flown Number of Passengers
100 - 49916
500 - 89941
900 - 129981
1300 - 169911
1700 - 20999
2100 - 24996

What is the range (in miles)?

  1. 1,100
  2. 1,999
  3. 2,499
  4. 2,399
  5. None of these answers

Answer(s): D

Explanation:

2499 - 100 = 2399



The coefficient of variation is useful when:

  1. The frequency distribution contains open-ended classes or overlapping classes.
    II. The data sets being compared contain data in different measurement units.
    III. The data sets being compared contain data with similar measurement units.
  2. I only
  3. I & II
  4. III only
  5. II only
  6. I & III

Answer(s): D

Explanation:

The coefficient of variation is useful when the means of the data sets are widely different or when the observations are in different measurement units.



If you buy an item for $475 and agree to pay for it with 24 monthly payments of $22.50, beginning next month, what annual interest rate, compounded monthly, are you being charged?

  1. 17.53%
  2. 14.15%
  3. 12.63%
  4. 12.92%
  5. 1.05%

Answer(s): C

Explanation:

The interest rate returned by the calculator will be the periodic interest rate. It must be multiplied by the number of periods per year to have the correct answer. On the BAII Plus, press 24 N, 475 PV, 22.50 +/- PMT, 0 FV, CPT I/Y. Then press x 12 = to see the answer. On the HP12C, press 24 n, 475 PV, 22.50 CHS PMT, 0 FV, i.
Then press 12 x to see the answer. Make sure the BAII Plus has the P/Y value set to 1.



Page 187 of 991



Post your Comments and Discuss Test Prep CFA-Level-I exam with other Community members:

Mini-Pritz commented on November 18, 2024
AI is the way to go these days and this certification exam which I passed today should help my with some carrier boost.
UNITED STATES
upvote

Harish commented on November 18, 2024
It is very helpful to understand the GCP
Anonymous
upvote

Gopikrishna commented on November 17, 2024
Its Going Good
INDIA
upvote

yoga commented on November 17, 2024
goood i cann guys
Anonymous
upvote

Peace commented on November 17, 2024
questions are helpful
Anonymous
upvote

Ahmed Mansour commented on November 17, 2024
Good mind set
Anonymous
upvote

Pretty commented on November 17, 2024
This have been really helpful thank you so much
Anonymous
upvote

pretty commented on November 17, 2024
Helpful thanx
Anonymous
upvote

Morad commented on November 17, 2024
So many new questions in this version. Thank you for providing the updated version.
Turkey
upvote

Md. Jakir Hossain commented on November 17, 2024
pls help me given total question
BANGLADESH
upvote

Feroz commented on November 17, 2024
These questions are very similar to the exam question. Thank you for this great test dumps!
Anonymous
upvote

Mohamed commented on November 17, 2024
No Comments
Anonymous
upvote

shakila commented on November 16, 2024
how to start i m begginer
Anonymous
upvote

peter commented on November 16, 2024
I'm finding these question helpful
Anonymous
upvote

Kris commented on November 16, 2024
Nice Questions
Anonymous
upvote

Folarin commented on November 15, 2024
Nice content, hope to take my exam soonest
Anonymous
upvote

Dag Alytus commented on November 15, 2024
This is helpful
UNITED STATES
upvote

Priscilla commented on November 15, 2024
I'm waiting for more questions
Anonymous
upvote

togdheer commented on November 15, 2024
good revision resource
UNITED STATES
upvote

Mohammed commented on November 15, 2024
After checking these questions and reviewing all the answers and Explanations I realized that I would not have been able to pass the exam based on my current knowledge. This is completely changed my approach in how I am going to prepare now.
UNITED STATES
upvote

Makhmoor commented on November 15, 2024
please make it free
EUROPEAN UNION
upvote

Ardi commented on November 14, 2024
its a great platform to upskilling your knowledge about blockchain
Anonymous
upvote

Quentin commented on November 14, 2024
I noticed that some comments were related to answers not being 100% correct. But for me as long as questions are real and same as the actual exam I was okay.
Mexico
upvote

kagelelo commented on November 14, 2024
how do you pass the ged science test
Anonymous
upvote

Chris Nalla commented on November 14, 2024
Very insightful piece.
Anonymous
upvote

baba commented on November 14, 2024
want to learn
Anonymous
upvote

Anand commented on November 14, 2024
Not bad at all. It covers all the exam topics and it provides some insight to the types of questions that you are going to see in real exam.
INDIA
upvote

Godlover commented on November 14, 2024
Very up to date. I passed my exams. I studied very well though. But the past questions was exceedingly helpful too. Just practice the questions as much as you can. As for me I practiced all, and repracticed about 350 questions again before the exams day.
Anonymous
upvote

LasNumber commented on November 14, 2024
This Are Very Useful Q's and A's. on exam some Questions wont come as they are but mostly will come as the are. Study to Know
Anonymous
upvote

Yeshwanth commented on November 14, 2024
Nice Questions and helpful for exam preparation.
Anonymous
upvote

Jenil Gandhi commented on November 14, 2024
Hi everyone could sone share the certification voucher for PD2.
INDIA
upvote

Nicole commented on November 13, 2024
I am working towards my exam. Finding these prep to be very useful
CANADA
upvote

Nicole commented on November 13, 2024
Very helpful
CANADA
upvote

Bianca commented on November 13, 2024
Consistent questions
Anonymous
upvote