n business. Based on his memories, he recreated the investment model he made at his former employer. Anderson provided the model to some prospective clients as an example to prove his abilities. Did Anderson violate any CFA Institute Standards of Professional Conduct?

A.Yes, with regard to Standard V (C)-Record Retention.

B.Yes, with regard to Standard V (B)-Communication with Clients.

C.No.

d predictions from an econometric model developed by his colleagues. He highlighted the source of this projection. The report also contained all relevant statistical data on the model and his comments on the accuracy of the model. For the Standard V (A)-Diligence and Reasonable Basis, Yuan had:

A.not violated the Standard V (A).

B.violated the Standard by including quantitative details in the report.

C.violated the Standard by not testing the model himself.

A.mandatory fiscal policy.

B.Keynesian policy.

C.monetary policy.

D.discretionary fiscal policy.

A.$1,500.

B.$4,000.

C.$6,000.

D.$2,500.

A.When money is defined as a medium of exchange, it means that money enables value to be stored and transported.

B.Money’s value is directly related to the level of prices.

C.Paper money allows consumers to defer consumption, encourages division of labor, and is the best store of value.

D.Money’s function as a unit of account allows individuals to account for debts.

A.fail to reduce the unemployment rate in either the short or long term.

B.reduce the short run unemployment rate, but not the long term rate.

C.reduce the long and short term unemployment rate.

D.reduce the long run unemployment rate, but not the short term rate.

A.An analyst can perform a one-tailed or a two-tailed test.

B.A type I error is acceptance of a hypothesis that is actually false.

C.A type II error is the acceptance of a hypothesis that is actually false.

D.The significance level is the risk of making a type I error.

A.2.00%.

B.0.67%.

C.0.50%.

D.1.34%.

A.is symmetrical.

B.has "fatter tails" than a normal distribution.

C.is defined by a single parameter, the degrees of freedom (df).

D.is a normal distribution.

Which of the following statements are TRUE?

I. A two-tailed test on a large sample with a significance level of .01 has confidence intervals of + 1.96 s/ n.

Ⅱ. A hypothesized mean of 3, a sample mean of 6, and a standard error of the sampling means of 2 give a sample Z-statistic of 1.5.

Ⅲ. A Type I error is rejecting the null hypothesis when it was true and a Type Ⅱ error is accepting the alternative hypothesis when it is false. IV. When the sample Z-statistic is greater than the critical Z-statistic in a two-tailed test you should reject the null hypothesis and accept the alternative hypothesis.

A.I and Ⅲ only.

B.Ⅱ and IV only.

C.Ⅱ, Ⅲ, and IV only.

D.I, Ⅱ, Ⅲ, and IV.