CFA Practice Question

There are 434 practice questions for this study session.

CFA Practice Question

Consider an experiment that consists of removing a card from a deck and identifying its suit. A deck has 52 cards: 13 diamonds, 13 hearts, 13 spades, and 13 clubs. Each card has an equal probability of being selected. What is the probability that a card selected randomly is a heart?

A. 0.02
B. 0.07
C. 0.25
Correct Answer: C

The probability of selecting each card from the deck randomly follows a uniform distribution. Given that there are 52 different cards, each card has a 1/52 chance of being selected. If we are only interested in selecting a card of a certain suit, then we must add the probabilities for all the cards with that suit. This probability is 13/52 = 0.25.

User Contributed Comments 2

User Comment
alexmon83 Brb, going to count cards to pay for the ridiculous price of registering for this $&%& exam.
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