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The FPAC syllabus is over two exams: the first 3-hour paper, covers underlying knowledge of financial planning and analysis; the second 4.5 hour paper, is a case-based test of applied analytics and business support. Certificants have three years experience and hold a relevant degree or other qualification; AFP thereafter specifies continuing ...
Students are expected to choose methods for analyzing data for statistical inference. The second skill involves data analysis and covers 15-23% of the exam. Students must describe patterns, associations, and relationships in data. The third theme involves probability and simulations. This theme covers 30–40% of the exam. [9]
Data mining is a particular data analysis technique that focuses on statistical modeling and knowledge discovery for predictive rather than purely descriptive purposes, while business intelligence covers data analysis that relies heavily on aggregation, focusing mainly on business information. [4]
Placement testing is a practice that many colleges and universities use to assess college readiness and determine which classes a student should initially take. Since most two-year colleges have open, non-competitive admissions policies, many students are admitted without college-level academic qualifications.
The Certificate in Data Processing (CDP) was a certification administered by the Data Processing Management Association. The CDP required several years experience in information technology , the recommendation of a current CDP holder, and the successful completion of a six-part written exam.
The Data Insights section includes five question types: table analysis, graphics interpretation, multi-source reasoning, two-part analysis, and data sufficiency. In the table analysis section, test takers are presented with a sortable table of information, similar to a spreadsheet, which has to be analyzed.