本帖最后由 Kakashi_8 于 2015-7-16 14:02 编辑 0 O0 \6 P; x {/ \6 p
* \9 r' N+ R4 I( k; T7 p1 A1 jQuestion:6 Which of the following standards may be violated when investment advisors cover their own trading errors with compensating trades? A)
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| Prohibition Against Plagiarism. $ j& Q0 Q& i7 y! U8 w
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4 i2 Q5 O& Y) w2 K1 R | Disclosure of Conflicts to Clients and Prospects.
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4 W: I6 F. ?, |- ]% G; D5 v' ` | Reasonable Basis and Representations. - V6 v, r8 l7 M) R. V, i0 F. H( u
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Question:7 Which of the following is one of the four requirements for meeting fiduciary obligations with regard to soft dollar arrangements? Commissions: A)
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: m# o# V( P* }9 c8 e( c: G2 N | paid must be minimized. 2 H: a8 N4 o* ]. o4 c( k5 \. B
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| cannot be greater than normal unless the trades being placed are in compensation for a trading error. 0 l( s0 K3 P9 s, b6 b8 r
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| paid must be reasonable in relation to the research and execution services provided. 5 f/ L" h l3 r$ b" S
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| paid must be held in escrow for the benefit of the client.
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Question:8 Which of the following statements regarding heteroskedasticity is FALSE? A) 8 L% C0 B5 [& K7 R% I
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| The assumption of linear regression is that the residuals are heteroskedastic. 9 B# q& T3 I( y
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& \" O- j, }* }5 Q | Heteroskedasticity may occur in cross-section or time-series analyses. 8 Y7 X: C' n8 \+ s) G
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| Heteroskedasticity results in an estimated variance that is too large and, therefore, affects statistical inference.
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8 k/ `1 H4 O I b( W, s# J; N | Conditional heteroskedasticity is the case in which the residuals are correlated with the values of the independent variables.
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Question:9 Given: Y = 2.83 + 1.5X What is the predicted value of the dependent variable when the value of an independent variable equals 2? A)
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| -0.55 6 g$ B! _! E4 R/ t$ ~; }
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| B)
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| C)
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& [7 D6 u+ M+ H) m# s4 X9 V @ | 6.50
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Question:10 The variance of 100 daily stock returns for Stock A is 0.0078. The variance of 90 daily stock returns for Stock B is 0.0083. What are the hypotheses to test whether these variances are different from one another? A)
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- S2 f9 v+ f/ t- V- `, D | H0: σA2 = σB2 versus Ha: σA2 ≠ σB2. $ ]6 c0 Y4 j: h6 R. y
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| H0: σA2 = σ02 versus Ha: σA2 ≠ σ02.
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| C)
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& G4 [' D, O* w4 B9 l | H0: σA2 ≠ σB2 versus Ha: σA2 = σB2. / a0 |/ [1 ~) m5 c/ l) A$ g# Q
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| H0: σA2 > σ02 versus Ha: σA2 < σ02. | . M/ n8 o& F: w+ k2 T3 U
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