Expected MPS Range

[THE_REAL_Black_Knigh]

@sydneyguy

Based on the Topic Weights from some other results that were posted here last year in July 2017, for June 2017 Level 2 Exam, The Band 10 result posted by you is definitely NOT from June 2017 Level 2 Exam. Could be from June 2016 Level 2 Exam or from previous year?

The results posted above are from neither 2016 or 2017 as I sat for both. So I would presume that it’s from an earlier test.

[sydneyguy]

Thought so.

[rsparks]

I always thought it was % based and not rounded, hence the ethics adjustment. for example if the average top 1% was 330/360 points this would be 91.66%. 70% of this would be 64.16% which would equate 76.99 questions you would need to get right. Everyone that gets 77 points or over is a pass. Those that got 76 questions right get the ethics bump. Obviously the MPS could be 74.6 questions and those that got 74 questions right would get an ethics bump. Pure speculation, but 70% of the top 1% is a relative measure of candidacy competency and not too far out of the realm of possibility.

I wonder which is more closely guarded: the coca-cola formula or the cfai mps method…

[rsparks]

deleted. wrong input

[AndreevM]

Yes, I just continued the old topic of 2015. I programmatically simulated all possible outcomes producing the posted results and built a statistical distribution. It revealed that most likely MPS was less than 63%.

[sydneyguy]

@Would_You_Look_at_Th

you guys are freaking out and worrying too much about a number that 1) you’ll never really know; and 2) you can’t do anything about. Enjoy your break until July 28, and worry about it then.

Level 1 and Level 2 candidates can actually enjoy beyond 28th July 2018, may be till Mid August 2018. The announcement of result usually takes about 7-8 weeks post exam. Registration for the CFA Program re-opens around Mid August 2018 which means that Level 1 and Level 2 results will be announced sometime around Mid August 2018.