CFA CFA Level 1 Are z-tables given in the exam?

Are z-tables given in the exam?

  • This topic has 4 replies, 4 voices, and was last updated Oct-19 by edg94.
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      I’m going through Quant methods and the stats are fine, assuming the z-tables are given. But no one has been able to confirm this for me, a colleague says they provide it, but my instructor says that I should remember them all. Does the real CFA exam include a z table, or are you supposed to remember the ‘standard’ values?

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      I don’t remember missing them. I think they are given as and when they’re needed, i.e. they will include a few values for standard confidence levels which would be in the question itself.

      That’s what I’m told as well.

    • Marc
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      Previously, z-tables, t-tables, etc. were provided the tables in appendices to the exam booklet, much like they are provided as appendices in the back of the relevant books from the curriculum. 

      I have confirmed with CFAI that any information required from these tables is now provided in the questions/cases themselves. Of course, it is possible that they may provide more information that you need and you will have to choose the relevant information from among what is given, but you will not be required to memorize the values in the tables.

      While it is not a bad idea to have a rough idea of certain key values (e.g., 1.96, 2.56), you do not need to panic if you cannot memorize the critical value of the t-statistic for 50 degrees of freedom at the 0.01 level of significance. 

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      Amazing @Marc, thanks! Is there a ‘Q&A’ service the CFAI have that you used?

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      I don’t remember missing them. I think they are given as and when they’re needed, i.e. they will include a few values for standard confidence levels which would be in the question itself.

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