- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 2. Multiple Regression
- Subject 7. Testing Whether All Population Regression Coefficients are Equal to Zero

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**CFA Practice Question**

The F-statistic for a multiple linear regression has 5 and 25 degrees of freedom. How many independent variables are in the model?

A. 5

B. 19

C. 20

**Explanation:**The F-statistic has k degrees of freedom in the numerator, where k is the number of independent variables. So k=5.

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