Section weight vs. section importance
Can anyone please shed me some light regarding how CFA grading works. It is obvious no one has clear answer but more often I come across comments such as “for level I and II it is all about FRA and ethics.” It kind of confuses me since we know that relative section weights are more or less close, without any section sticking out so much by weight.
It looks like despite the fact that weights are transparent, importance of sections such as FRA and ethics is greater than for other sections. Could you please explain this to me.
p.s. are there other sections for L1 and L2 that are “more important”