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标题: Has anyone submitted an error to CFAI? [打印本页]

作者: kmf229    时间: 2013-4-2 14:04     标题: Has anyone submitted an error to CFAI?

I logged in today and there is a form you can fill out about CFA Exam errors. Has anyone done this? What’s the process like?
作者: BC_MBA_student    时间: 2013-4-2 14:05

u mean u found errors on the exam?
作者: torontoanalyst    时间: 2013-4-2 14:06

I was 99% sure that there was an error in a swap question towards the end of the 2009 L2 exam. I even found some random Asian guys and we all bitched about it together. Does anyone else remember this? Or were random Asian guys and I mistaken?
作者: maratikus    时间: 2013-4-2 14:07

I know I saw an error on one question. Divulging it here might cross the CFA guidelines. I think I can safely say the answers were inverse of what they should have been. (X, Y, and Z, instead of 1/X, 1/Y, and 1/Z). I’ll submit the form. Anyone else find that problem? (I can’t remember if it was AM or PM, but it was 50 series test).
作者: HuskyGrad2010    时间: 2013-4-2 14:08

ohai:
i flat out didnt understand the problem you are talking about. i could not understand how they were explaining the information, so i literally couldnt do the problem. i tried to back into what they were presenting a couple different ways. but i was so confident that i scored well on the rest of the exam and probably passed that i just said F*** it and marked like “B”.
作者: dandman    时间: 2013-4-2 14:09

Ohai
I could not arrive at the answer for swaps question at the end of 50 series pm. I wasted quite a bit of time on it. I thought I knew the stuff really well.
作者: noel    时间: 2013-4-2 14:09

I think there was an error too in the L2 exam, how exactly would we go about reporting it though, we won’t remember the exact question…
作者: hoangvu90    时间: 2013-4-2 14:11

Definitely an error in the swap at the end.
作者: BC_MBA_student    时间: 2013-4-2 14:12

Definately. I did all sorts of crazy calculations that I knew were wrong and the closest I got was like 7 grand off. Really got me pi$$ed because I locked swaps down in reviewing.
作者: mkytz15    时间: 2013-4-2 14:13

I am so relieved to hear you all saying this. To avoid violating CFA policy, I will just say that there was indeed a question that required quantitative calculations which I could not match an answer to no matter how many times I tried. I generally understood the topic and did not have trouble answering questions of a similar nature in the EOC, and yet for this particular problem, nothing I did seemed to work. After spending about 10-15 minutes, I convinced myself CFA had made an error and moved on.
作者: AndyNZ    时间: 2013-4-2 14:15

Agree 100% on the same question you are all discussing very difficult to understand, thus difficult to solve for.
作者: Walex    时间: 2013-4-2 14:16

I tried all methods to solve it and i couldnt get an answer .. good luck
作者: spreads    时间: 2013-4-2 14:17

I think there was a key piece of information missing from the problem. I made an assumption on that and then just went forward.
作者: KungFuPanda    时间: 2013-4-2 14:18

Ever since they popped up a dozen errors on their mock test, I’m now so hesitant on the real test and wondering if this or that is an error.
They NEED to work on their QC with the mock test. I also hear they “throw” out certain questions on the real test after they collect scores.
作者: badonkus    时间: 2013-4-2 14:19

Hmm. Thanks for the responses. It’s glad to hear that I’m not crazy.
作者: spreads    时间: 2013-4-2 14:20

Agree on the swaps question….I was pleased when I saw it initially, as I had swaps down…no problem I thought, an easy 3 points in the bag!……
I read and re read, to make sure I thought I understood how they thought I might interpret the question?calculated? read it again and could not get a sensible number to match.
To be honest, that is what disappoints me with this process, because in the real world, you would have a responsibility to make sure you understood the data before you processed it, otherwise you would have no basis to believe in your answer.
作者: jarobi04    时间: 2013-4-2 14:21

ok just to clarify….are u guys saying that the whole set of qns was wrong? or only 1/6?
作者: meghanjackson    时间: 2013-4-2 14:21

i too thought one of the questions was such that no matter what you did , you could not get answer amongst the 3 choices given.
meshed
its 1/6 i think. the 1st part was easy, the 2nd part may have been wrong as has been discussed above.
作者: MarginofSafety    时间: 2013-4-2 14:22

Are you talking about the very last question? There was no error with that one.
作者: mkytz15    时间: 2013-4-2 14:23

I recall only one question where both rates were given. The initial swap rate as well as the current one and I got an answer that was very close to one of the choices.
4 x 70k = what? I am drawing a blank on my multiplication skills




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