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Calvin wishes to construct a 90% confidence interval for the mean daily returns of a particular stock. He has obtained the following data.
– Random sample of size 30.
– Sample variance is 4.5.
– Sample mean is 0.8.
What statistic is most appropriate for the reliability factor?
Calvin wishes to construct a 90% confidence interval for the mean daily returns of a particular stock. He has obtained the following data.
– Random sample of size 30.
– Sample variance is 4.5.
– Sample mean is 0.8.
What is the t value that corresponds to the 90% confidence interval?
If the accuracy of an estimate increases as the sample size increases, the estimator is:
Fill in the blank (number to 2 decimal places).
The width of the 99% confidence interval of a normal distribution is standard deviations.
The monthly returns of a stock has a population mean of 1.9% and standard deviation of 8.2%. The distribution of the returns in non-normal. What is the 80% confidence interval on the mean monthly return over a 3-year period?
A population has a mean of 8 and variance of 16. A random sample of 100 observations was taken. What is the standard deviation of the sample mean?
Priya collected samples of annual returns of value stocks for the year 2015. What kind of data did Priya collect?
Seiko decides to sample every 10th customer that walks into her store. What kind of sampling method does this most closely match?
Many years ago, I was exactly where you are today—a CFA Level I candidate juggling a demanding full-time career with the daunting CFA curriculum. Coming from a Computer Engineering background, finance was entirely new territory for me. And yes, it was tough!
I struggled with dense textbooks, late-night cramming, and the frustration of concepts that seemed impossible after a long workday. But after passing Level I (barely), I realized something had to change.
Using the Pareto Principle (80/20 rule), I distilled the vast CFA syllabus into essential, easy-to-understand nuggets. I leaned into visual summaries and bite-sized learning sessions that worked around my busy schedule. This smarter approach helped me clear Levels II and III on my first attempts with significantly less stress.
I founded PrepNuggets to share the streamlined strategies and innovative learning methods that transformed my CFA journey. Our mission is simple: leverage technology to make CFA prep more effective, accessible, and enjoyable.
Join the PrepNuggets community today—sign up for your free account, and let our thoughtfully crafted materials propel you toward CFA success without unnecessary overwhelm.
Here’s to your CFA journey!
Keith Tan, CFA
Founder & Chief Instructor, PrepNuggets
Keith is the founder and chief instructor of PrepNuggets. He has a wide range of interests in all things related to tech, from web development to e-learning, gadgets to apps. Keith loves exploring different cultures and the untouched gems around the world. He currently lives in Singapore but frequently travels to share his knowledge and expertise with others.
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