- CFA Exams
- CFA Exam: Level I 2021
- Study Session 3. Quantitative Methods (2)
- Reading 9. Common Probability Distributions
- Subject 5. The Binomial Distribution

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**CFA Practice Question**

For x, a random variable from a binomial distribution with N = 9 and p = 0.6, p(5) = ______ (to nearest 0.1%).

B. 25.1%

C. 1.46%

A. 27.08%

B. 25.1%

C. 1.46%

Correct Answer: B

p(5) =

_{9}C_{5}x 0.6^{5}x 0.4^{4}= 25.1%###
**User Contributed Comments**
6

User |
Comment |
---|---|

johntan1979 |
25.082266% |

Seancfa1 |
Agreed |

jejasin |
Finally starting to understand these... |

Yrazzaq88 |
Jejasin... I said the exact same thing. Jesus... |

Eduard123 |
yept )))) |

cfastudypl |
Got 25.0952% on 4dp. |