- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 6. Simulation Methods
- Subject 3. Bootstrapping
CFA Practice Question
To analyze sampling distribution for medians, you will most likely the method of ______.
A. simple random sampling
B. cluster sampling
C. bootstrapping
Explanation: Formulas for all combinations of sample statistics and data distributions do not exist. For example, there is no known sampling distribution for medians, which makes bootstrapping the perfect analyses for it.
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