CFA Level 1 Exam
Question No. 1
Carlos Johanson, a quantitative analyst with Eastern Rhodium Institutional Brokerage, has been instructed to
perform a regression analysis to test whether the proliferation of neural networks is positively related to the
growth of domestic research grants. Mr. Johanson begins the process by formulating and stating a hypothesis.
Now that the hypothesis has been explicitly stated, Mr. Johanson should proceed to which of the following
steps? Choose the best answer.
Choose the correct option from the given list.
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