How to go on about Quants next, hypothesis, studying, crossed

RealEstate_CFA

Hey guys. I am awaiting my result for Level 1 but nonetheless have started working towards L2 too. Fingers crossed for next week though! Quants was a nightmare for me back in L1 and I am perfectly sure I won’t be scrapping above 50 percent in that area. I couldn’t grasp hypothesis testing etc and more or less left it. Now that I am studying, I am getting confused constantly from Schweser. Any ideas on where I should look for more explanation? Should I study it in detail from the curriculum or will it confuse me more by going in too much detail?

MythosHF

xuebaoht01 wrote:
here is my input, first 2 sessions of quant aren’t bad. simple regression and muliple regression. once it gets to time series, it’s rediculous. and the most quesitons on quant is coming from multiple regression. so if you nail it, and just pick up 1 or 2 questions on time series, you can still get over 70 percent on quant.
Anybody here an expert in the ethics section? Would be interesting to know if this is already a violation?
;-)

draz

here is my input, first 2 sessions of quant aren’t bad. simple regression and muliple regression. once it gets to time series, it’s rediculous. and the most quesitons on quant is coming from multiple regression. so if you nail it, and just pick up 1 or 2 questions on time series, you can still get over 70 percent on quant. i do have a question on coveriance stationary problem in schweiser Qbank(Question ID#: 86427), if anyone is scheiser student, please help me take a look. I’m confused with question B, there’s no levels of significance given in this problem, how am i supposed to test if b1=1 is significant:?

rkapoor

BrightStar wrote:
Quant really isn’t so bad. You can get done withit relatively quickly too.. just three readings.
I would have to agree.. Quant for level 2 is pretty much your typical university Econometrics.

tango_gs

Quant really isn’t so bad. You can get done withit relatively quickly too.. just three readings.

prav_Cfa7

I’ve been having trouble with quants too but it’s fair to say I haven’t put in a good block of hours into it yet. Thanks guys for the advice. Good luck with the results Ayesha.

laurab

I think you better revise the last study session of Quants from level 1 notes, and then move on to level 2 stuff. I had some problems in hypothesis testing but there is really no big deal in level 2 quants, its all too easy and the weightage is also minimal in exam. Just go on reading whatever is in notes and you will find answers to your questions by yourself. Thats how I did, and still doing. I tested my score with Qbank and it was pretty good.
No need to go through bulky curriculum books, unless a concept is struck in your mind.

Chuckrox

Thanks so much crazyman and an-alyst for your guidance! I hope this way of studying works for me too as I really want to clear my concepts

lxwarr30

@Ayesha: Yeah you should definitely check out the the Khan’s academey. Their videos on probability and statistics are really helpful.

Siddimaula

ayesha18 wrote:
Oh I have heard a lot about Khan Academy, will surely look into it!
Hmm, so where did you prepare from?
For L1 I mixed CFAI and Elan. For L2 CFAI and Schweser. I think the books are a pretty good read if you have the time but, for every level, the material from providers seems very helpful to go straight to the point - this is especially handy when you are reviewing mocks and such.
So I would usually go with the books. When reviewing, I would lean more and more towards Elan or Schweser.
For instance: I get a mock question wrong. I realize I don’t properly know the subject. I check 11th hour/secret sauce. If that’s not enough, I check the prep provider material. If that’s not enough, I go back to the curriculum.
I watched just a few of Khan’s lectures, and I did it after studying CFAI quant but, from what I’ve gathered, they’re really good.