Hi CFA Aspirants, welcome to AKVTutorials. Are you preparing for CFA Level 1, 2, 3 exams for making a career in CFA (Charted Financial Analyst). According to CFA Wikipedia, CFA The Chartered Financial Analyst (CFA) program is a postgraduate professional certification offered internationally by the American-based CFA Institute. A candidate who successfully completes the program and meets other professional requirements is awarded the “CFA charter” and becomes a “CFA charter holder”. Therefore, you need CFA Study Notes and CFA Sample Exam Test 49 Questions for Level 1 Answer Keys AMBIPi.
In this article, you will get Free CFA Level 1 Mock Exam Practice Questions.
Free CFA Level 1 Mock Practice Exam Questions Bank
Free CFA Level 1 Practice Question No: 481:
For a positively skewed unimodal distribution, which of the following measures is most accurately described as the largest?
Option A : Median
Option B : Mean
Option C : Mode
Show/Hide Answer
Option B : Mean
CFA Level 1 Exam Question No: 482:
A technical analyst observes a head and shoulders pattern in a stock she has been following.
She notes the following information:
- Head Price $83.50
- Shoulder price $72.00
- Neckline price $65.75
- Current price $64.00
Based on this information, her estimate of the price target is closest to:
Option A: $59.50
Option B: $48.00
Option C: $44.50
Show/Hide Answer
Option B : $48.00
Free CFA Level 1 Mock Exam Question No: 483:
The following sample of 10 items is selected from a population. The population variance is unknown.
10 20 -8 2 -9 5 0 -8 3 21
The standard error of the sample mean is closest to:
Option A: 10.84
Option B: 3.43
Option C: 3.60
Show/Hide Answer
Option B: 3.43
CFA Level 1 Free Practice Question No: 484:
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:
Option A: dependent
Option B: exhaustive
Option C: mutually exclusive
Show/Hide Answer
Option B : exhaustive
Free CFA Practice Question No: 485:
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:
Option A: unknown
Option B: large
Option C: known
Show/Hide Answer
Option A : unknown
CFA Level 1 Sample Question No: 486:
A stock is declining in price and reaches a price range wherein buying activity is sufficient to stop the decline. This range is best described as the:
Option A: change in polarity point
Option B: resistance level
Option C: support level
Show/Hide Answer
Option C : support level
Free CFA Level 1 Quiz Question NO: 487:
An analyst collects data relating to five commonly used used measures of financial leverage and interest coverage for a randomly chosen sample of 300 firms. The data come from those firms’ fiscal year 2019 annual reports. These data are best characterized as:
Option A: time series
Option B: longitudinal
Option C: cross sectional
Show/Hide Answer
Option C: cross sectional
Free CFA Level 1 Quiz Question NO: 488:
A sample of 25 observations has a mean of 8 and a standard deviation of 15. The standard error of the sample mean is closest to:
Option A: 1.60
Option B: 3.00
Option C: 3.06
Show/Hide Answer
Option B : 3.00
Free CFA Practice Question No: 489:
If a stock’s continuously compounded return is normally distributed, then the distribution of the future stock price is best described as being:
Option A: a Student’s t
Option B: lognormal
Option C: normal
Show/Hide Answer
Option B : lognormal
CFA Mock Exam Free Question No: 490:
Independent samples drawn from normally distributed populations exhibit the following characteristics:
Assuming that the variances of the underlying populations are equal, the pooled estimate of the common variance is 2,678.05. The t-test statistic appropriate to test the hypothesis that the two population means are equal is closest to:
Option A: 1.90
Option B: 0.29
Option C: 0.94
Show/Hide Answer
Option C: 0.94
