CFA Practice Question

There are 410 practice questions for this study session.

CFA Practice Question

An analyst gathers the following information about the price-earnings (P/E) ratios for the common stocks held in a portfolio:

Interval | P/E range | Frequency
I | 8.00 - 16.00 | 20
II | 16.00 - 24.00 | 52
III | 24.00 - 30.00 | 24
IV | 30.00 - 38.00 | 14

The relative frequency for Interval II is closest to ______.
A. 45.85%
B. 47.27%
C. 52.78%
Explanation: 52 / (20 + 52 + 24 + 14) = 47.27%

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