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Basic Question 7 of 8

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 just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

Learning Outcome Statements

explain the assumptions underlying a multiple linear regression model and interpret residual plots indicating potential violations of these assumptions.

CFA® 2025 Level II Curriculum, Volume 1, Module 1.