QUESTIONS 19 THROUGH 32 RELATE TO QUANTITATIVE METHODS

27. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING 2013
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING 2013

27. A sample of 240 managed portfolios has a mean annual return of 0.11 and a standard

deviation of returns of 0.23. The estimate of the standard error of the sample mean is

closest to:

A. 0.00096.

B. 0.00710.

C. 0.01485.