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The Ultimate List of TI BA II Plus Calculator Tips for the CFA Exams
The Ultimate List of TI BA II Plus Calculator Tips for the CFA Exams
By Sophie, Regular Contributor . Time management is a common problem CFA candidates normally struggle with in the exams. While doing tons of practice papers would help calm the nerves, one...
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Kudos to the entire team at 300hours.com. Keep up the good work. Great value.
On your comment about 1-V setting, that means it's for ONE variable statistics analysis only. In this case, X is your data point, Y is the frequency. That's why you get an error when you compute for 2 variable statistic. In that case you should use LN function as you mentioned. "1-V" setting is for straightforward 1 variable analysis only.
If you use your calculator for complex 2 variable statistic analysis, it's best to leave it as LN function, just in case you forget to switch during the exam. One variable settings are usually straightforward anyway.
To explain the 4 choices of two variable statistics settings:
- LIN = standard linear regression ==>Y = a+bX
- Ln = log regression ==> Y = a + ln(x)
- EXP = exponential regression ==>Y = ab^x
- PWR = power regression ==> Y = aX^b
Ln, EXP, and PWR regressions are beyond the CFA syllabus. They can of course find the correlation and covariance of a set of data too, but the format is incorrect (they are non-linear).Hope this helps!
It's a public file and I found it via google. http://www.kaplan-financial.com.cn/uploads/soft/cfa1/2_080731140111.pdf
I'm trying to get a head start on this. I've even managed to get the Scheweser notes. I do have one issue though. I am unable to find a place where I can purchase the TI BA II Plus calculator ! You'd think the recommended CFA calculator would be held in stationary shops and other outlets here in Australia. I am also leaving the country in about 10 days and should be in the US by then so it's a huge deal but I was wondering if you had any recommendations on how to approach the Schewser notes with no calculator for a couple of weeks or so. Do I just read through the notes and summarise the ideas like you recommended on another post?
Loving your work btw! A network contact of mine (the director of corporate relationships at my uni) said that he's placed a few candidates in Valuation roles at EY and Deloitte, firms we have a lot of traction with. Even though my main focus will be IBD at an Ibank, I'm trying to keep my options open just in case, being international and everything. So I'm very glad I came across these site and your posts! Trying to find an effective way to cover as much of the material as I can before August and then take it slow and steady because I'll be dealing with actual MS Finance work + networking and then keep the last month for papers like you recommended. Any other suggestions?
Thanks!
Kev
I would just like to let you know that you have a minor error in the instructions. For the stats section, there should not be a [+|/] key if your sample mean and standard deviation are to be correct. They assume a positive 3 instead of a negative 3. For anyone else that was confused! Thats all, thank you very much for the tips! Extremely useful!
Is there any reason that there is a +/- after the 3? The data set above is all positive and the answers are based on positive 3.
Thanks!
https://www.youtube.com/watch?list=UU8DNfSlObTQsdz0rOWB2-0A&v=Ehchb6Zvag0