CFA Practice Question

There are 155 practice questions for this study session.

CFA Practice Question

Suppose there are 15 observations. You want to use agglomerative hierarchical clustering to group these observations and find relationships. How many clusters are created after the first sequence of grouping?

A. 8
B. 7
C. 2
Correct Answer: A

The process begins with 15 individual clusters. The first sequence of grouping will create 7 clusters with 2 observations each, and 1 cluster with 1 observation.

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