CFA Practice Question

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CFA Practice Question

Which one(s) is (are) false? The F-statistic is:

I. a statistic used to test individual independent variables.
II. a statistic with k + 1 degrees of freedom in the numerator and n-(k+1) in the denominator.
Correct Answer: Both are false.

I. It is used to test all independent variables simultaneously, to see if any of them are significant.
II. It has k degrees of freedom in the numerator, not k + 1.

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