Statistics on CAIA

Hello,

I am studying for the CAIA I, and am having trouble understanding the statistical equations on the exam. I am a lawyer with little background in math and statistics. Although the UpperMark resources are very good, they do not provide the step-by-step process to solve the problems (the provider assumes you know the basics). I am able to fill in the gaps through the video sessions, but it’s still cumbersome. Does Kaplan do a better job of explaining the equations in their books? If not, does anyone have any suggestions on how to learn the materials? Thanks.

  • Atticus

I used Kaplan/Schweser books to prepare for Level 1 and found them to be sufficient, covering math and statistics adequately.

Thanks!

Atticus, is it unusual for a lawyer to be training in CAIA/CFA?