Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 8 of 11
An investor is trying to learn more about the evolution of the price of a certain stock he owns. He decides to collect some data for analysis. How should he go about this task?
B. He should collect cross-sectional data.
C. He should collect a stratified random sample.
A. He should collect time series data.
B. He should collect cross-sectional data.
C. He should collect a stratified random sample.
User Contributed Comments 4
| User | Comment |
|---|---|
| Raok | this is quite tricky |
| EminYus | the key word here is evolution which states that he needs some sort of history to relate to (time-series data satisfies this) |
| johntan1979 | You can't observe evolution with cross-sectional or stratified. |
| praj24 | Just think it out logically. He owns a stock, wants to see the price change throughout a time period, therefore his observations will be over a time series. |
You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu
Learning Outcome Statements
describe tools and techniques used in financial analysis, including their uses and limitations
CFA® 2024 Level I Curriculum, Volume 3, Module 11.