Search results

Now an error message appears in my test result, so I cannot see it. What happened?

Passed!

Coming Soon. Good Luck G00d Luck...

Me neither, results not showing up:(

Thanks, but this is the second trial for me. First time was 3 years ago, and I failed. 3 years ago I left the room after 2.5 hours, but this time, with slightly more confidence.

The exam was tough... I left the exam site within 2 and a half hours, since I did not expect reviewing further will enhance the result. It was simply too difficult. 20% no idea of correct answer, 30% answered correctly and the rest is a guesswork with intuition. I think my score is around...

David, thank you very much. I was surprised to see that it was 2012.

This question is from the back of the textbook of GARP and about VaR of a USD 1 million investment in 2 funds. Question 5. Consider a USD 1 million portfolio with an equal investment in two funds, Alpha and Omega. with the following annual return distributions: Fund Expected Return...

David, thank you very much. Now I understood better. ...I think even if I understand and remember this, since the text itself is incorrect, it will not be picked up in the exam or even if it appears in the exam and others choose incorrect one, it will not be graded since the text itself is...

David, I understood that the direction of a compared pair of x and y must be same or different for discordance and non-discordance. Then what is neither category? Could you give me a concrete example in the form of (x1, y1) and (x2, y2)?

Thank you, David. Now it is clarified and I cannot forget this concept in the exam. David, possibly please add your finding in the note, to avoid confusion for future candidates.

Thanks, NNath. Then, Neither (1,4), (3,3) ; (2,5), (3,3) ; (3,3), (5,2) and (3,3), (4,1) Also I found in the note, it is stated that the calculation is 8-2/.... but this must be 2-8, so the answer will be negative.

In the recently updated BT text, page 42, a pair containing (3,3) is included in discordant. But in GARP's text, it is included in neither category. Which is true? I searched by myself an example of calculation on the web, but I found none. Thanks.

@Kenji identified several errors in the originally published 2016 Part 2 Practice Exam, see https://forum.bionicturtle.com/threads/2016-frm-part-ii-practice-exam-q-a.9350/. These were corrected by GARP. I think errors are very instructive, regardless. For example, the practice exam includes the...

Preparing for Part II