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Old 09-06-2018, 10:19 AM
alwaysseamus alwaysseamus is offline
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Default Question about the meaning of pass rates..

I was looking at the pass rate for the preliminary SOA exams, and saw that they're all roughly 40-45%. For example, C is listed at 45%, and P is listed at 41.3%. However, I think it's safe to say, the two populations of exam takers are quite different. That is, most of the people who have taken C aren't first time test takers, and they've likely passed other exams.

So, if the same population of people that took P (those who passed and failed) were to take C, what would the passing rate on C look like if the same number of correct answers was held constant?
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Old 09-06-2018, 10:37 AM
Nyorky2428 Nyorky2428 is offline
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Think about it this way: 40% of people pass each exam, this after your 2nd exam (assuming independence) you’re among the top 16%. C is *generally* thought of as the 5th exam, so you’re looking at .4^5. Obviously not the case as people retake exams.

To answer your question based on pure opinion, I think of the 40% that pass P, 10% of those could’ve passed C in that same sitting (if they took C instead of P).
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Old 09-06-2018, 10:44 AM
ActuateThis ActuateThis is offline
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Almost none. It would be really had to pass C if you spent the last few months studying for P. The other way around however...
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Old 09-06-2018, 11:50 AM
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Vorian Atreides Vorian Atreides is offline
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Keep in mind that N for each exam is very different.

Far more likely to see "repeats" for Exam P and/or Exam FM (usually the first one taken by a candidate) . . . and a considerable number of candidates who *thought* they knew the material well enough for the format of this Exam.

By the time they're taking C, they're far more prepared in terms of the Exam process . . . but there is also a different scope (more diverse material overall) to prepare for than either Exam P or FM. (This would be why the pass rate is not necessarily a lot higher than earlier Exams.)
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Old 09-06-2018, 12:35 PM
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