# Thread: Free CFA Level 1 Practice Questions for June 2013 exam

1. ## Free CFA Level 1 Practice Questions for June 2013 exam

Simplilearn is glad to announce that it will provide some free CFA Level 1 sample questions from February 14 till March 14th, 2013.

Chartered Financial Analyst (CFA®) is a globally acknowledged certification offered by the CFA Institute. This coveted credential is offered to finance and investment professionals who prove their expertise and knowledge on finance and investment tools by qualifying the CFA® exam.

Simplilearn provides both Classroom and Online training for CFA Level 1.

2. Team DG is glad to announce that Simplilearn will start an initiative from February 14, 2013 to provide free CFA Level 1 practice questions.

Simplilearn is a leading provider of a suite of professional certification courses that address unique learning needs of working professionals. They have trained over 50,000 aspirants across 145+ countries, including those from the world's leading Fortune 500 companies.

How it will work?

1. Existing users should login and subscribe to this thread. Some users may be automatically subscribed (depending on your profile settings) and can skip this step.

3. When you go to the Subscription page, make sure to choose "Daily updates by email" option from the "Notification Type" dropdown. Then click "Add Subscription".

4. Simplilearn will post a question and members can discuss the answer in this forum.

5. The solution and the next question will be posted on the following day.

All the best for your CFA Level 1 prep!

3. Question of the day: 14th Feb,2013

Which of the following is least likely to be true for a positively skewed distribution?

A) The mode will be greater than the median and the mean will be greater than the median.
B) The mean will be greater than the median and the mean will be greater than the mode.
C) The mean will be greater than the median and the median will be greater than the mode.

4. The correct answer is option A.

5. Originally Posted by varinder
The correct answer is option A.
Agree with varinder. It'll be A.

6. The correct option is A
A positively skewed distribution is one with a long tail to the right hand side, that is there is a small probability of a very high value. For a positively skewed distribution mean>median>mode

7. Question of the day: 14th Feb,2013

Which of the following is least likely to be true for a positively skewed distribution?

A) The mode will be greater than the median and the mean will be greater than the median.
B) The mean will be greater than the median and the mean will be greater than the mode.
C) The mean will be greater than the median and the median will be greater than the mode.

means > median > mode
Isnt this interpreted as Mean is greater than the median and median is greater than the mode.
Option (C) above!

Option (A) will be something like this:
Mode > Median
Mean > Median

8. Question of the day: 15th Feb,2013

Which of the following is least likely to be true?

A) Price -weighted indices are downward biased due to the effect of stock splits.
B) Market Cap weighted indices tend to be biased towards price movements of higher priced stocks.
C) Float Adjusted Market Cap weighted indices tend to be biased towards higher market capitalized stocks.

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10. I think the answer is C...but not sure.