CFA Practice Question

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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%).

A. 27.08%
B. 25.1%
C. 1.46%
Correct Answer: B

p(5) = 9C5 x 0.65 x 0.44 = 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.
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