- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 7. Estimation and Inference
- Subject 1. Sampling Methods
CFA Practice Question
A mayor of a big city is interested in knowing the fate of the 2011 high school graduates of that city. To learn about this issue, the mayor decides to conduct a survey. The population of this survey would be ______.
A. high school seniors enrolled in the beginning of the 2010/2011 academic year
B. high school seniors enrolled in 2010/2011 who successfully finished high school
C. high school students enrolled during the 2010/2011 academic year
Explanation: The mayor is specifically interested in high school graduates. Therefore, the population must include seniors who completed their high school work during the 2010/2011 academic year.
User Contributed Comments 3
| User | Comment |
|---|---|
| ushir | I disagree with the answer to this question. The mayor wants to know the fate of high school students - which would includes people not finishing school and those who go to university or start work or are unemployed. The answer is biased. Unsuccessfully finishing high school is still a "fate". |
| ushir | Nevermind - keyword is "graduates" |
| janglejuic | lol @ ushir think before you post |