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REAL WORLD EVENT DISCUSSIONS
Fiscal Knowledge Test
Wednesday, June 28, 2017 7:45 PM
JEWELSTAITEFAN
Wednesday, June 28, 2017 7:55 PM
AURAPTOR
America loves a winner!
Wednesday, June 28, 2017 9:21 PM
6STRINGJOKER
Wednesday, June 28, 2017 10:23 PM
SIGNYM
I believe in solving problems, not sharing them.
Wednesday, June 28, 2017 11:15 PM
Quote:Originally posted by SIGNYM: 73% But seems too specific to Canadian regulations. Like what is a TFSA?
Thursday, June 29, 2017 6:51 PM
Quote:Originally posted by 6stringJoker: 12/15 Result: 80% Share your result How you compare to others 90-100%655 people 80-89%2,460 people 70-79%1,871 people 60-69%3,343 people 50-59%1,048 people 40-49%830 people 30-39%104 people 20-29%48 people 10-19%1 person 0-9%0 people I'm blaming the few that I got wrong because of the slight variances on things between the US and Canada. Most of it was common sense though. I'd like to know of the color of your car effects your insurance in the US. I actually answered yes to that one and got it wrong. Somewhere I had heard that it did effect rates and just went along with that, but after getting it wrong I don't ever recall having to tell my agent what my car color is.... although after getting the vin they already probably have that info.
Thursday, June 29, 2017 8:05 PM
Monday, July 3, 2017 8:23 PM
Quote:Originally posted by 6stringJoker: Yeah... that makes sense. I've never owned a sports care and my cars were all pretty neutral in color, so it never made a difference to me. I don't get your chart though. What's that supposed to mean?
Quote:Originally posted by JEWELSTAITEFAN: Quote:Originally posted by 6stringJoker: 12/15 Result: 80% Share your result How you compare to others 90-100%655 people 80-89%2,460 people 70-79%1,871 people 60-69%3,343 people 50-59%1,048 people 40-49%830 people 30-39%104 people 20-29%48 people 10-19%1 person 0-9%0 people The percentile conversion for your results chart would be: 90%+ = 94th percentile. 80%+ = 70th. 70%+ = 52nd. 60%+ = 20th. 50%+ = 9th. 40%+ = 1.5th. 30%+ = 0.5th. 20%+ = 0.01th percentile 10%+ = zero percentile.
Quote:Originally posted by 6stringJoker: 12/15 Result: 80% Share your result How you compare to others 90-100%655 people 80-89%2,460 people 70-79%1,871 people 60-69%3,343 people 50-59%1,048 people 40-49%830 people 30-39%104 people 20-29%48 people 10-19%1 person 0-9%0 people
Wednesday, July 5, 2017 3:50 PM
Quote:Originally posted by JEWELSTAITEFAN: Quote:Originally posted by 6stringJoker: Yeah... that makes sense. I've never owned a sports care and my cars were all pretty neutral in color, so it never made a difference to me. I don't get your chart though. What's that supposed to mean? Quote:Originally posted by JEWELSTAITEFAN: Quote:Originally posted by 6stringJoker: 12/15 Result: 80% Share your result How you compare to others 90-100%655 people 80-89%2,460 people 70-79%1,871 people 60-69%3,343 people 50-59%1,048 people 40-49%830 people 30-39%104 people 20-29%48 people 10-19%1 person 0-9%0 people The percentile conversion for your results chart would be: 90%+ = 94th percentile. 80%+ = 70th. 70%+ = 52nd. 60%+ = 20th. 50%+ = 9th. 40%+ = 1.5th. 30%+ = 0.5th. 20%+ = 0.01th percentile 10%+ = zero percentile. The percentile means how many people, out of 100, are you ranked/rated higher than. so, if you are at 75th percentile, then you did better than 74% of the population (average sampling). So, a person who got 90% on the test was one of 655 people who got more than 89%, and is at the 94th percentile, meaning they did better than 93 percent of the population (or test takers). Of course, nobody got 90%. 1 wrong is 93%. First group. 2 wrong is 87%. Second group. 3 wrong is 80%. Also second group. 4 wrong is 73%. Third group. 5 wrong is 67%. Fourth group. 6 wrong is 60%. Also fourth group. That would be why about double the group sizes for second and fourth groups.
Wednesday, July 5, 2017 7:32 PM
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