^^No, there are more first timers in June than Dec and presumably more retakers in Dec than June…at least proportionally.
^Why would that surprise you? You dont think it’s logical for someone taking it their second time to have a higher chance of passing than in their first try?
How do you know there are more first timers in june than dec? What leads you to that conclusion?
If anything one could make the case, there are more first time takers in dec because many are recent grads, most people graduate in spring, giving them 6 months to study for level i… unless I’m missing something?
Everyone in my dec 2011 level i schwesher class were first time takers.
Yes, I agree. The individuals that failed have a higher chance of passing than on their first try. But the retaker sample excludes all those that passed on their first try. Much like if someone has to retake a college course. They don’t go from “F” to “A” usually in difficult classes. The retakers as a whole typically do not out perform those that are taking a class for the first time, at least in my experience and I would bet that is the case generally because it is logical. The retaker group is not exactly stacked with people that know what they are doing. Second attempts at marriage are similar.
No need to go from F to A…Just D+ to C-…not a huge jump.
If the median first score of the distribution of retakers is a D+(band 10), I would concede that they may outperfrom the group of first timers. I’m guessing the median score of the retakers is not band 10(could be the mode), so the distribution shifts to left and the incremental improvement does not move enough of them to the right in order to outperfrom the first timers. All speculation anyway. Would be interesting to see the data. Peace.
What is the logic behind first timers outperforming retakers?
Anectodal. Since L1 has been offered in Dec, everyone I know (myself included) attend the Dec exam. Easier to study in oct and Nov than May.
First-timer population includes tons of people who are well-prepared/smart enough to pass the exam on their first attempt. These higher-quality test-takers are missing in the pool of retakers.
Lol…really???
Of course people will on average do better on their second attempt. That has nothing to do with first-timer performance vs. retaker performance.
There’s way too much speculation here to draw any real conclusions.
^ Exactly. Back to the drawing board.
One of my friend who did B.tech from a very good university also failed CFAL1 last june although he had (>70 in 8 subjects)
It is a general feeling that you have to get 168 questions correct out of 240 questions to secure a sure shot pass in CFAL1,which gives us a MPS of 70%.Obviously there can always be a margin of +/- 2/3% on the 70% MPS depending on the difficulty of the paper.Assuming my friend scored average of 71% in all the 8 sections where he scored > 70%and scored 51 % and 10% in the remaining two.As per my know ledge he scored 10%(assuming) in FRA (since he was from engineering background so accounts was his most hated section) and he scored 51%(assuming) in Ethics.Now there are 48 questions from FRA so 10% of it is 5 questions correct.There are 36 questions in ethics so 51% of it gives roughly 18 questions correct.All together he got 23 questions correct out of 84.So to reach the milestone of 168 correct questions ,he needs 145 out of 156 (240-84).Since i have assumed in my analysis that he got 71% in rest of 8 sections (ie 156 questions) so 71% of 156,roughly gives 111 questions correct.So his total questions correct may be 23+111=134 which is well short of benchmark of 168 questions to be answered correctly in order to pass.So yes it is possible to FAIL even after scoring above 70% in 8 out of 10 sections.I feel instead of giving bands like (<50%,50-70%,>70%) CFA (also FRM) should give actual numbers for better analysis.
learn how to paragraph
^hahahhaha
Well originally i posted this calculations on a Fb status of my friend .I am assuming that you understand that one cannot create “paragraphs” while posting on some one’s status of Facebook(since pressing "enter "to create a paragraph will actually post the status incomplete).How ever i am guilty of “copy pasting” it on analyst forum without editing for grammar conscious members like you.@ iamthenight. 
Shift+enter will allow you to paragraph in FB. Mind blown.
Thanks @ Ramos4rm…
I will surely try to implement it. 
That’s why i think you have to be super confident in every subject to pass, i always aim at over 70% in every subject before walking into the exam.
^hahahhaha
why over 70 why not over 65 or over 80?