- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 3. Statistical Measures of Asset Returns
- Subject 1. Measures of Central Tendency
CFA Practice Question
A percentile score of 40 indicates that:
A. a person answered 40% of the questions correctly on a test.
B. a person knows 40% of the material covered by an examination.
C. a person has earned a score equal to or better than 40% of the people in his class.
User Contributed Comments 1
User | Comment |
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JepTang | Is this how we're going to be graded in the CFA exam? our ranking would be based on the top scorer in the exam? |