CFA Level 1 (2009) - 1

o

objective probabilities 192 odds 191

opportunity cost 97,101 ordinal scales 156 ordinary annuities 102 outcome 191

outliers 174

p

paired comparisons test 309 panel data 269

parameter 1';6 parametric tests 319 percentile 166

performance measurement 141 performal1c(' presen tation 40 periodic ratcs 98

I'lTIllULlliol1 Inrmub 21 ') pnpetllitl 109

platykurtic distributions 175 poil1t estimates 272 population I ')')

population mean 161

population standard deviation 169 population variance 169

pnrtfolio expected value 206 porrfolio variance 206 positive skew 174

f,ower of a test 297 present value fPY) 95

of an annuity due 107

of an ordinary annuity 103

of an uneven cash Aow series III of a perpetuity 109

of a single sum 101 preservation of confidentiality 42

price relative 253

priority of transactions 60 probability density function 235 probability distribution 233 probability function 234

Professional Conducl Program 12

properties of an estimator 272 properties of probability 191 p-value 298

Q

Book 1 - Ethical and Professional Standards and Quantitative Methods

Index

R

random variable 191 range 168

ratio scales 156

real risk-free rate 97 record retention 56

reference to CFA Institute, the CFA designation,

and the CFA Program 66 reterral fees 63

relative dispersion 172 relative frequency 158

required rate of return 97, 101 responsibilities of supervisors 48 reward-ro-variability ratio 173 risk, types of 98

Roy's safety-first criterion 249

s

S,llllple I')') sample kurtosis 177 sample mean 161

sample selection bias 280 sample skevness 176

sample standard deviation 171 sample statistic ] ';6

sample variance: 170 sampling and estimation 267 sampling distribution 268

sampling error 267

selecting the appropriate test statistic 278