Dec CFA Level I 2013 Results Roundup – The Highest Pass Rate Since June 2009
Posted by Christine Martinez The results are out – how did you do? After a long wait – the question that has been bugging you has now been answered. At just a few minutes past 9am ET, the results…
I’d be super curious to know how your band scores from level 1 correlate to your result or potential result in level 2!
I’m hoping that the majority of people who get good band scores on 1 usually do well on level 2 also…I’m assuming this is the case but it would be cool to see the stats on it! Something along the lines of your odds of passing level 2 based on your level 1 score…
Oops sorry, band score was not the correct term to use, I’m meant to refer to the range of scores that you get on each topic (<50%, 50-70%, 70%+) and your calculated range of possible scores on the whole that 300hours provides you with based on these. Good catch @hairyfairy thanks!
So i guess I was hoping for an odds of passing level 2 based on your potential range of scores from Level 1.
I would guess you want to assume that the data would come only from those who had a similar level of preparation in both exams. In other words, and with some exaggeration to make the point, data from someone who worked hard for Level I and slacked off for Level II is spurious. My guess is that correlation is extremely high if you get rid of the spurious data, but I don’t think that in practice you can get good enough data to conclude anything with a decent level of significance.
I don’t know, if you filtered the data for only people who completed a minimum # of practice exams on both exams, wouldn’t that improve the results drastically (probably a few filters you could use to further improve the data)? I agree you’ll never be able to make any drastic conclusions but I bet you could pull a few facts at a respectable level of significance. For example, I’d go out on a limb and predict that some sort of regression could be put together with people who scored +70% across all topics and attach a coefficient that would be significantly different than zero with at least 90% confidence…
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