Estimated number of wrong answers about, wrong, pretty, number, like

domani

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?

Flok

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.

MythosHF

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.

cchang

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?

jim8z3

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.

RobertA

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.

orang3eph

I think your sample size is too small for an effective conclusion

kd26gioi

do you know if AM and PM have the same weightage?

evolsteevol

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!

Daniel1985

That means you should pass icemaker