Level 1 June 2011 - Just starting to study - Anyone want to join?

[SM]

I am just starting to study Level 1. second try.

Starting with Quants today. Hoping to finish ss2 by Tue.

Any help and discussion will be welcome.

[FabianMHC]

Most important things are:
1) Mastering your financial calculator
2) Understand your time value of money (FV, PV)
3) Annuities, IRR
4) - What is mean/median/mode?
- What is range, quartiles, standard deviation, variance, semi-
variance
- What is negative skewness, positive skewness, symmetrically
distributed - how to identify
- Coefficient of Variation
- Sharpe ratio
- Kurtosis (Leptokurtic, Mesokurtic, Platykurtic) - Which one has
higher tail risk - how to identify
5) Probability
- Laws of probability
- Mutually exclusive
- Independent events
- Conditional probability
- Bayes' formula
- Expected value & standard deviation
6) Binomial & Normal distribution
- How to calculate probabilities given the parameters (Binomial
uses n & p, Normal uses mean and standard deviation)
- Roy's safety first ratio
7) Confidence interval
- Standard error of the mean
- Finding the z or t-value
- Degrees of freedom
- Build the confidence interval
8) Hypothesis Testing
- Steps in hypothesis testing (Null & Alternative hypo., alpha,
critical values, test statistic, reject/not reject)
- Test one population mean (Two-tailed, left-tailed, right-tailed)
- Test two population means (Independent samples & Dependent
samples)
- Test one population variance (Use Chi-square table)
- Test two population variances (Use F-table)
9) Technical analysis
- Why do people use it?
- the assumptions of technical analysis
- what are the tools of technical analysis?

Note; Those are basically the things you need to cover. Good luck!!!
=)

[SM]

Thanks! Thats summing it up nicely! Have only made it thru reading 7
so far. hope to finish by Wednesday - 9th Feb.

[FabianMHC]

It's been almost a week. How's everything catching up? =) Studying
Probability now?

[Noa Slup]

Guys I found excelent "Guide for the CFA Exam" that can be downloaded as iBook (iPad) but is available in PDF here:

http://www.timeprep.me/free-cfa-ibook/TimePrep-Guide-for-the-CFA-exam.pdf