标题: 3 choices vs. 4 choices on CFA exam [打印本页] 作者: LiquidAssets10 时间: 2011-7-11 17:44 标题: 3 choices vs. 4 choices on CFA exam
Hi, I'm taking the June 2010 level 1 exam and heard that for the exam, the number of choices available has been reduced from 4 to 3. Is this true? If it is, then it would be greater since it increases the chance of guessing...作者: lc26mizzou 时间: 2011-7-11 17:44
yes 3 and studies show that it does not deteriorate the quality of the test. remember you are scoring relative to your peers, so everyone is on the same page.作者: dece2011 时间: 2011-7-11 17:44
Hi finalepihpany,
it is true that you have only one choice out of three, not of four any longer.
However, it is not true that the probability of passing the overall exam increases by far.
This has to do with the binomial distribution, since the number of right answers it binomially distributed B(n, 0.33) and not B(n, 0.25) anymore. Try to think about it... ;-9
