CFA Practice Question

There are 155 practice questions for this study session.

CFA Practice Question

Suppose there are 15 observations. You want to use divisive 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
Explanation: The process begins with 1 single cluster. The first sequence of grouping will create 2 clusters with 7 and 8 observations, respectively.

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