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Passed 1 2 3 1 so relieved to pass first try, especially when I was so unsure of my performance!

It's been a while since I took the exam (11/19 Chicago), but it was hardly quantitative. I remember going over BT practice questions and thinking to myself there are too many formulas I have to remember, but it felt like 30% quantitative and 70% qualitative. Calculations were easy thanks to BT...

Thanks for the explanation!

Hi, I was wondering how E[PD^2] = p = E[PD] holds true, is it by definition? Thanks in advance! I could not find a thread related to this when searching for one.

Hi, here's a college student studying statistics who just started his FRM courses. In Chapter 5, p24, there's a t statistic of 0.101 at the bottom of spreadsheet screen. I feel like this may not be asked during the exam but my statistics background made me wonder where 4.49% * sqrt 5.0 came...