Evaluation of RRM Level 1

narender.finwealth
Posts: 4
Joined: Tue Jul 21, 2015 6:06 am

Evaluation of RRM Level 1

Postby narender.finwealth » Mon Sep 21, 2015 5:01 am

Good Morning
Please let me know the evaluation criterion of FRM Level 1.

Is it section wise cutoff or overall?

edupristine
Finance Junkie
Posts: 722
Joined: Wed Apr 09, 2014 6:28 am

Re: Evaluation of RRM Level 1

Postby edupristine » Mon Sep 21, 2015 9:48 am

No, There is no sectional cut off.

narender.finwealth
Posts: 4
Joined: Tue Jul 21, 2015 6:06 am

Re: Evaluation of RRM Level 1

Postby narender.finwealth » Mon Sep 21, 2015 11:24 am

Thank you very much.

I have seen score card of one of the participant.

They have been giving Q1 Q2 scores and people told me that the sum should be less than or equal to ten.

Is it right?

edupristine
Finance Junkie
Posts: 722
Joined: Wed Apr 09, 2014 6:28 am

Re: Evaluation of RRM Level 1

Postby edupristine » Mon Sep 21, 2015 6:28 pm

Each quartile includes 25% of the total observations.
Observations falling :-
below 25% are allocated under 1st quartile (Q1 )
between 25.1% - 50% are allocated under 2nd quartile (Q2)
between 51% - 75% are allocated under 3rd quartile (Q3)
Remaining are allocated under 4th quartile (Q4)


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