Free CFA® Video Lecture: Reading #7 Fully Explained and Demystified

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Fundamental Concepts, Frequency Distributions & Graphical Presentation of Data

This in-depth walkthrough of the Level I reading comes exclusively from UWorld’s CFA® Exam Review Course.

In it, Basit Shajani details exactly how to:

• Distinguish between descriptive statistics and inferential statistics, between a population and a sample, and among the types of measurement scales;
• Define a parameter, a sample statistic, and a frequency distribution;
• Calculate and interpret relative frequencies and cumulative relative frequencies, given a frequency distribution;
• Describe the properties of a data set presented as a histogram or a frequency polygon.

It’s a jam-packed lesson so be sure to take careful notes and follow along closely.

Want more? Sign up for a free 7 days trial of UWorld’s CFA Review Course.