It has been said, no one that has scored a 70 has ever failed the exam. Wondering if, since the drop to 3 choice test, will this still stand or will MPS be > 70%. I think it has to be a bit greater, say 72.5%. Probably need 2-3 more correct answers. Thoughts? I’m sure this question has been asked before, but it is a good time to revisit.
I personally believe (from seeing the passing scores of previous candidates) that the MPS is usually set somewhere below 70, probably in the mid- to high-60’s. I have no proof of this but I have to think that if you score a 70 you should be golden. I can’t imagine seeing anyone with all sections >70 fail. Easier said than done, though!
same here… i dont think i got a 70 at level 1… probably between 62-65… I would imagine that they may have moved to 3 answer choices to make 70% a pretty solid score now… wouldnt want to push it with a 69 this time around… might not make it…
I believe the passing criteria shouldn’t deviate too much from previous year. The 3 choices per question are going to speed up the writing as well as the grading of the exams.
im shooting for 100%, but will likely score much lower.
Last year I was surprised I had passed level one due to my individual scores. The best score could have acheived was 163. I also looked at several peoples marks that appeared to have done really well but actually failed. The highest possible fail mark was 151. Meaning the passing mark for level one last June was between definately between 63% and 68%. Also I have read somewhere that the reason they dropped the 3rd distractor was because it was only chosen around 2% of the time. Which would indicate that they only expect grades to increase marginally.
Shooting for 50% then guess on the rest. The expected value on that is like 66%. Hopefukky good enough.
BiPolar… that is exactly my strategy… I keep telling myself if I can just know half of the answers, hopefully luck will drive from there
^ Going for a similar strategy except I want to know enough to eliminate at least one answer on the guesses and bring it down to 50/50. That should allow for enough error on the questions I think I know but get them wrong…
agreed Aimee… I do know that there will be many questions where i wont be able to eliminate any… Just will have to suck it up and move on to the ones I know and make sure i get them right… I know if I pass this thing it isnt going to be pretty… Gonna have to fight for every stupid point… Some people are at the point where they could afford a few stupid mistakes on the test because they are gonna score in the 80’s… This isnt me
hahha we are all underachievers. just fyi - when on level one I told myself if I only had a general vague clue what the answer was I will not trust my “best” guess answer and instead i chose the one that looked fishy. my reasoning was that the cfai is tricky and they would let somebody who knew 20% of the material guess right by throwing out obvious answers. same strategy will apply for level 2 this time around.
i remember jdv saying that cfai let some documents leak out a couple years ago that showed the actual mps. if i remember his post correctly, it was a lot lower than you would expect. i couldn’t find the post in a quick search, but maybe someone else can.
I remember that, but if I remember correctly it was also before LII was all multiple choice so I’m not sure how relevant it is…
FML
Lets have a simple calculation Assuming till last year 70% ( though popular belief is somewhat 65-67% ) was the passing cut-off… It was achieved like this Get 60 Correct. Guess rest 40. (probability of getting those right was .25) your score = 60 + .25*40 = 70 % Same person ( read same in sense of capability) will score … 60 +.33*40 = 73.33 So my guess is…min passing % required should go up 3-4 % Hoever…above analysis assumes…CFAI wont change difficulty level to bring it back to historical level My only concern is…this will improve chances of a not so good candidate replacing a just-good candidate in final passing list…
I am shooting for ~80% on all subjects. The biggest trouble I have is FSA, by far.
FSA synthesis drawn my mock score of FSA section down to the 70s. Without it I believe I can get 80s.
I think last year the passing score for Level 2 definitely go over 65%, I have couple friends taking it, one failed one gets 68% according to 40/60/80 rule and still failed with bandwidth 9