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SIE – Securities Industry Essentials Exam* Series 00 – General Securities Principal Exam (Discontinued; Series 1 – Registered Representative Exam (Discontinued) Series 2 – Non-Member General Securities Exam (Discontinued) Series 3 – National Commodities Futures Exam* Series 5 – Interest Rate Options Exams
The Series 7 is a three-hour, forty-five-minute exam. [1] It is held in one four-hour session. There are 125 questions on the test. Candidates have to score at least 72% to pass. The SIE Exam and the Series 7 Exam are co-requisite exams. [9] Average study time is between 80 and 150 hours depending on current financial knowledge. [10]
The Independent School Entrance Examination (ISEE) is an entrance exam used by many independent schools and magnet schools in the United States. Developed and administered by the Educational Records Bureau (ERB), the ISEE has four levels: [1] the Primary level, for entrance to grades 2–4; Lower level, for entrance in grades 5–6; Middle level, for entrance in grades 7–8; Upper level, for ...
The remaining 5 questions are being pre-tested for possible inclusion in the operational question bank; these questions may appear anywhere in the exam and are not identified. The examination covers the principles of state securities regulation reflected in the Uniform Securities Act (with the amendments adopted by NASAA and rules prohibiting ...
Exams are offered twice a year, once in April and once in October, and are discipline-specific. [3] With the exception of the Structural exam, each exam is eight hours long, consisting of two 4-hour sessions administered in a single day with a lunch break. There are 40 multiple-choice questions per session.
For instance, suppose the cutscore is set at 70% for a test. We could select p 1 = 0.65 and p 2 = 0.75. The test then evaluates the likelihood that an examinee's true score on that metric is equal to one of those two points. If the examinee is determined to be at 75%, they pass, and they fail if they are determined to be at 65%.
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