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Basic Question 2 of 7
Is the time spent studying predictive of success on the CFA exam? The time spent studying for the CFA exam, in hours, and success, measured as Pass or Fail, are recorded for randomly selected students.
Dependent variable: Exam outcome (Pass or Fail); Independent variable: Time spent studying (in hours)
Would this be a simple linear regression model?
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
explain the assumptions underlying the simple linear regression model, and describe how residuals and residual plots indicate if these assumptions may have been violated
CFA® 2025 Level I Curriculum, Volume 1, Module 10.