CFA Level I: Balance of Payments
The balance of payments for a country is a bookkeeping system which represents the sum of a countries economic transactions …
CFA Exam
CFA Level I: Price Indices
Time April 2010 June 2010 Goods Quantity Price Quantity Price Apples C1’ P1’ C1” P1” Corn C2’ P2’ C2” P2” …
CFA Level I: Foreign Exchange Topics: Real Rates, Cross-Rates and Arbitrage
Currency Exchange Calculations The Foreign Exchange market is one of the largest in the world. Foreign currencies are bought and …
CFA Level I: Technical Analysis
Technical analysis focuses on making investment decisions purely based on supply and demand forces which are interpreted in charts and …
CFA Level I: Sampling, Estimation and Hypothesis Testing
Sampling The sampling and estimation reading focuses on two things. The first is how to determine quality samples and perform …
CFA Level I: Common Probability Distributions
A probability distribution is the collection of all probabilities in the exhaustive set of events for a random variable. The …
CFA Level I: Probability Concepts
The foundation of statistical inference, which we use whenever we make decisions based on an analyst’s forecast of a company’s …
CFA Level I: Statistical Concepts
Statistics can refer to two different applications. Descriptive statistics take values in a data set and summarize them in order to …
CFA Level I: Time Value of Money
The value of money changes over time. Inflation is a negative force on the value of a single dollar, and …
CFA Level I: Ethics
The ethics sections are comprised of some readings on rules that an analyst must live by in order to earn …