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Type I and Type II Errors in Hypothesis Testing
Definition of Alternative Hypothesis
Hypothesis Testing
Supply Analysis in Monopoly
Total, Variable, Fixed, and Marginal Cost and Output
Optimal Price and Output in Perfect Competition
Hypothesis Tests Concerning Variance
Hypothesis Tests Concerning the Mean
Shifts in the AD and AS curves and Equilibriums
Shifts in Aggregate Supply
Long-Run Equilibrium in Oligopoly Market
Shifts in Aggregate Demand
Shifts in Aggregate Demand and Supply:economy associated with the business cycle.
Demand Analysis in Monopoly:ARis the same as the market demand schedule.
Cournot Assumption in Oligopoly Market:The Cournot solution falls betweenthe competitive equilibrium and the monopoly solution.
Collusion in Oligopoly Market:reduced cash flow uncertainty:frequency.competition.collusion.
Hypothesis Testing:Testing:7 Making the economic or investment:decision.;Null;Hypothesis. The hypothesis to be tested.;Hatest
What members and candidates should notice in CFA examinations?:or security of the CFA examinations.(不能恶心CFA),考试不能作弊:考试内容要保密:A. No.:Responsibilities as a CFA Institute Member.right④Case
How to understand loyalty, prudence and care in duty to clients?:The client or prospective client permits disclosure of the information.(在法律允许或客户同意的情况下可以披露),members and candidates must comply with the law.(在某些情况下法律要求。
How to understand the guidance for Standards I–VII?:A.Promote financial integrity ad seek to prevent sand punish abuses in the financial markets,
What are the ethics and trust in the investment profession?:Global investment performance standards(GIPS)= 比例低,也并非所有的不道德都是违法君子有所不为的决策是更好的决策更符合stakeholder利益的决策
In analyzing investment, what should we do to making investment recommendations, and taking investment actions?:or action. (分析、投资或者提供建议要有合理、充分的基础),must not rely on that information. (外部数据怀疑就不能用),issue indicates NO reasonable basis. (不能总是推荐所谓的热门股票),并不代表有这样的观点)但整个研究过程是可靠的
What's the meaning of independence and objectivity in professionalism?:or consideration that reasonably could be expected to compromise their own or another’s independence and objectivity.(那些被合理认为将会影响独立客观的威逼利诱都要不为所动),但在他人眼中会影响独立性也不行)可能的话事先披露给雇主告诉雇主是为了引起雇主的同意
How to understand the Code of ethics and trust in the investment profession?:I,Professionalism:II:IIIIVVVIVIIResponsibilities as a CFA member or candidate