CFA Practice Question

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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
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?
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