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标题: Estimated number of wrong answers [打印本页]

作者: domani    时间: 2011-7-11 15:20     标题: Estimated number of wrong answers

I circled the number of answers i wasn't 100% sure about on the exam. I counted a total of 60. I feel like the other 180 were pretty easy.

Assuming that I got all of the 60 wrong. That would translate into a score of 75%.

Anyone else do this?
作者: Kiakaha    时间: 2011-7-11 15:20

nope, used all my extra time reviewing the questions
you know, doing things actually CONSTRUCTIVE
作者: lc26mizzou    时间: 2011-7-11 15:20

60ish iffy answers should have you sail through! Ghazoo.. you were on top of your stuff anyway... relax pal!
作者: JPSem    时间: 2011-7-11 15:20

I circled 60ish too
作者: Ionutzakis    时间: 2011-7-11 15:20

I had around 20 in the AM, 40 PM.
作者: Flok    时间: 2011-7-11 15:20

hahaha. Thanks for the vote of confidence. Actually, what I did was circle questions while I was writing the exam to come back to if I had time to review. So when I had like 1 minute left I went back to count circles.
作者: ajpheif16    时间: 2011-7-11 15:20

I had like 8-10 in AM and like 30-35 in PM session. But really speaking i feel the cut-off is going to be higher this time with so many confident guys at Mumbai Centre.

Also, Can anyone tell me if the cutoffs are regional in nature/country specifc or is it worldwide same cutoff for everyone.
作者: ishfaque    时间: 2011-7-11 15:20

roughly 60
作者: ramdabom    时间: 2011-7-11 15:20

anu21v Wrote:
-------------------------------------------------------
> Also, Can anyone tell me if the cutoffs are
> regional in nature/country specifc or is it
> worldwide same cutoff for everyone.


Worldwide I believe.. should not matter where you take the exam?

Anyway, for myself, there were maybe 60 questions I was unsure of (30 in the AM, didn't have time to count in the PM) but i was definitely feeling pretty tired halfway through the PM session

This is my 2nd attempt and i actually feel less prepared this time around, as I've just started working a couple months ago and haven't really figured out how to cope with both working and studying.

It scares me that last year I walked out of L1 feeling "okay" but not overly confident of passing. I ended up failing Band 10. If the passing score was about 70%, that means I got at least 72 questions wrong (or 60 for 75%). Since i don't feel that great about this year's, it's likely i'll do worse. Sigh...
作者: Bluetick1010    时间: 2011-7-11 15:20

Yeah, I circled everything that I wasn't sure about or the ones I knew were a guess. I dont want to believe that my estimates are close to what my actual score may be, just in case.

I am banking on the fact that there is a 1/3 chance of getting my guesses marked as correct answers.
作者: johnnyBuz    时间: 2011-7-11 15:20

I had been marking anything that I was unsure about in almost of all the practice exams and was generally getting 70% + on all of the practice stuff I did (Volume 1 of Schweser, all CFA samples, CFA mock, and 2.5 tests of Schweser Volume 2).

So I took the same approach on the actual exam and made small dots next to the answers that I wasn't totally sure about in order to keep track of my percentage correct. The first half I estimate that I was pretty close to 70%. The second half it didn't really work because I was so time constrained that I just stopped worrying about putting the dots because I wasn't sure I'd have enough time to erase them.

But anyway, I estimate that I missed 50 questions or so on the second half of the exam. So I went back to look at my old practice exams in order to see how the percentages stacked up. I typically only missed half of the questions that I marked on the exam, but I typically was getting 15% wrong that I didn't mark at all. So when I applied those percentages to my own estimates I come to a number slightly less than 70%. I'm worried.
作者: Mechanic    时间: 2011-7-11 15:20

I did the exact same thing KSTHANE. I found that I get 60% of my unsure questions and 90-95% of the ones I know I got right. I used 50% and 85% to be conservative and that gave me an expected score in the low 70's.
作者: Daniel1985    时间: 2011-7-11 15:20

That means you should pass icemaker
作者: evolsteevol    时间: 2011-7-11 15:20

I looked up the historical passing rates for CFA Level 1 and found something interesting...

Since 2003, there are 2 pass rates for each year i.e. they started offerring the exam twice a year.

If you look at the pass rates they are almost the same for both exams in each year. For example in 2008, the pass rates were both 35%.

Here's the good news...the pass rate was 46% in June 2010. Therefore, I think there may be a high probability that the pass rate will be around this number for the december exam.

So all of us that think we may be in the 70-80% range of correct answers should pass!
作者: kd26gioi    时间: 2011-7-11 15:20

do you know if AM and PM have the same weightage?
作者: orang3eph    时间: 2011-7-11 15:20

I think your sample size is too small for an effective conclusion
作者: RobertA    时间: 2011-7-11 15:20

I had calculated about 60 wrong in total in June... I failed with band 7. Speaking from experience unless you're absolutely sure DON'T assume you passed, it's always nicer to be suprised with good news than be heart broken with bad.
作者: jim8z3    时间: 2011-7-11 15:20

badem..you are right about staying pessimistic. It is the prudent way to go. Somebody at work asked me if Im going to pass, and I said 'I think I will' and i immediately pictured myself on 27th Jan 2010, finding out i bombed the test.
作者: cchang    时间: 2011-7-11 15:20

From reading Into Our 5th decade PDF by the CFA I got an impression that each question was kinda weighted and the scores can be weighted average and the CFA committee decides what the minimum passing score should be for each exam.
I just need more clarity abt. the methodology. Are there weights for a question?
作者: MythosHF    时间: 2011-7-11 15:20

No weights for each question. The minimum passing score is indeed set by the CFA committee.

There is an ethics adjustment. If you are borderline, the adjustment can take you over or bring you under.
作者: Flok    时间: 2011-7-11 15:21

I harped on and on on this forum in the weeks leading up to the exam about how important ethics is.

The ethics adjustment is a FACT. I was at the society leaders' conference in October and the head of CFA Institute curriculum development told us about it.

There is no such thing as an established borderline. The minimum passing score is determined by the CFA committee, and it is NOT curved. Once the MPS is determined, there is an ethics adjustment. If you do well on Ethics, and you are just below the MPS, they bump you over. However, if you do poorly on Ethics and are just above or on the MPS, they may push you down.




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