[LEVEL II 模拟试题7] Mock Level II - Question 6-10

Question

Your answer: B was incorrect. The correct answer was D)

Independence and Objectivity.

Using compensating trades to cover trading errors make it appear that the advisor is placing his or her needs ahead of the client痴 best interest. This is a violation of the Standard concerning Independence and Objectivity.

Question

Your answer: B was incorrect. The correct answer was C)

paid must be reasonable in relation to the research and execution services provided.

Commissions paid must be reasonable in relation to the research and execution services provided. This does not imply that trades are always directed to the lowest cost broker.

Question

Your answer: B was incorrect. The correct answer was A)

The assumption of linear regression is that the residuals are heteroskedastic.

The assumption of regression is that the residuals are homoskedastic (i.e., the residuals are drawn from the same distribution).

Question

Your answer: B was correct!

Y = 2.83 + (1.5)(2)
= 2.83 + 3
= 5.83

Question

Your answer: B was incorrect. The correct answer was A)

H₀: σ_A² = σ_B² versus H_a: σ_A² ≠ σ_B².

In hypothesis testing anytime we want to know if something is different from something else this is a two tailed test.  A two tailed test always involves a null hypothesis containing an equals sign (=) and the alternative hypothesis will always contain a not equals to sign (≠).