CFA Practice Question

There are 410 practice questions for this study session.

CFA Practice Question

A data set of 105 observations is organized in a relative frequency distribution into 9 classes. The sum of the relative frequencies across all the classes equals ______.
A. 1
B. 100
C. 105
Explanation: Relative class frequencies are percentages and across all classes, they must sum up to 100%, which is the same as summing up to 1.00.

User Contributed Comments 7

User Comment
surob Got it wrong because I chose answer B thinking that it is %. Be careful
BullsEye I did the same mistake. Tricky
aakash1108 very!
shiva5555 I saw the trick but couldn't decide which way they were trying to trick us. ahhhhhhhhhhhhhhhh
bantoo I committed the same mistake!!!!!
abs013 Tricky
gyee2012 I got fooled Lol... I ended up trying to figure out with log when I should of read " sum of the relative frequency" should = 1
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