Pass or Fail... Shocked at AM results

[Godism17]

“Get back to studying.”

LOL I needed that!

[June06]

@tozerrt

Based upon the score matrices posted by AFers – paying particular attention to Band 8/9/10ers relative to those who just barely seemed to pass – I calculated each band to be about 9-10 points apart. That’s equal to 3 MC questions or a couple of simple AM questions – or roughly 2.5%. The difference between failing and just squeaking by is that close.

Get back to studying.

Thanks!!

We should learn another topic. CFA Performance result evaluation!

[June06]

@Liverpoolfan

I was surprised with <50 for Q 1, 3, 5, I was expecting 51-70%. But PM session definitely pulled me through the finish line.

I still did better in AM compared than last year (was band 10).

Essay

Q# Topic Max Pts <=50% 51%-70% >70% 1 Portfolio Management - Individual 20 * - - 2 Portfolio Management - Individual 19 - - * 3 Equity Investments 17 * - - 4 Economics 15 - - * 5 Portfolio Management - Institutional 16 * - - 6 Portfolio Management - Institutional 16 - - * 7 Fixed Income Investments 11 * - - 8 Portfolio Management - Asset Allocation 15 - - * 9 Portfolio Management - Risk Management 15 - * - 10 Portfolio Management - Monitor&Rebalance 19 * - - 11 Portfolio Management - Individual 17 - - *

I find many past takers’ result is pretty binary…WHY? Either <50 or >70…

It doesn’t make sense for partial credit world.

[Rogue_Trader]

June6: at the end its a pass… and they get over with it

[June06]

Congrats for the pass taker. My question is WHY the score pattern is that binary? Shuold we get partial credit even the answer was wrong?

[June06]

@June06

Working the numbers for those who posted their recent scores, I calculated this year’s MPS as ~62.5% with each band ~225bps.

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May I know how you calculate it? Cheers.

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40/60/80

http://www.analystforum.com/forums/cfa-forums/cfa-level-iii-forum/91335248?page=1

You are right, 99% above 62.5 pass… except…Let’s go back to study.