CFA Institute CFA Level I Chartered Financial Analyst - CFA-Level-I 模擬練習
To test H(0): u = 20 vs. H(A): u<>20, a sample of 400 will be taken from a large population, whose standard deviation is 5. H(0) will be rejected if XBAR >= 20.5 or XBAR <= 19.5. The level of significance of this test is approximately:
正解: C
解説: (PassTest メンバーにのみ表示されます)
Which of the following is not true concerning treasury stock?
正解: A
解説: (PassTest メンバーにのみ表示されます)
The standard deviation measures
正解: A
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A large number of competing investors is necessary for market efficiency because:
I). it creates independent and random price changes.
II). it results in faster price adjustment.
III). information is more fully examined and acted upon.
I). it creates independent and random price changes.
II). it results in faster price adjustment.
III). information is more fully examined and acted upon.
正解: B
解説: (PassTest メンバーにのみ表示されます)
You are considering a portfolio only of long positions not involving leverage and have the following information:
Stock | Expected Return | Variance | Correlation1 |15% | 100 | R1,2 = 0.6
2 |18% | 64 | R1,3 = 0.2 3 |24% | 400 | R2,3 = -1.0
Which of the following statements is supported by the above data?
Stock | Expected Return | Variance | Correlation1 |15% | 100 | R1,2 = 0.6
2 |18% | 64 | R1,3 = 0.2 3 |24% | 400 | R2,3 = -1.0
Which of the following statements is supported by the above data?
正解: A
解説: (PassTest メンバーにのみ表示されます)
What is the level of significance?
正解: C
解説: (PassTest メンバーにのみ表示されます)
A standard normal distribution (Z-distribution) has:
正解: A
A futures contract whose underlying good is U.S. Treasury bills would be classified as a(n) ________ contract.
正解: C
解説: (PassTest メンバーにのみ表示されます)