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asgamouh Contributor
Joined: 28 May 2010 Location: United States
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Posted: 28 Dec 2010 at 23:05 | IP Logged
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I think what he means is that what coastergenius said makes
no sense. It is no cumulative. Each quarter is independent
and at the end it has the cumulative percentages. There is
no algebra and no equation to work out.
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asgamouh Contributor
Joined: 28 May 2010 Location: United States
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Posted: 28 Dec 2010 at 23:19 | IP Logged
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Sorry didn't mean to be rude but my post was a minute after
you realized your computer's mistake.
__________________ AUD- Feb 28 2011 (81)
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1/2 CPA Regular
Joined: 16 Jun 2010
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Posted: 28 Dec 2010 at 23:35 | IP Logged
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how could you possibly the know the 4th quarter passing rate by doing alegbra. share your equation please.
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herbert7890 Contributor
Joined: 31 May 2010 Location: Puerto Rico
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Posted: 29 Dec 2010 at 00:55 | IP Logged
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Alright, im bored and I thought this was fun. I will try explain the formula I used for this "theoretic concept" Lets assume the following data:
Q1 pass rate: 52 Q2 pass rate 47 Q3 pass rate 51 Q4 pass rate: ??? Cumulative Pass rate: 48%
As you can see, the current pass rate for the first 3 quarters is 50 (52 + 47 + 51/ 3) = 150/3 = 50 Now we are looking to find the Q4 pass rate, assuming a cumulative pass rate for all 4 quarters of 48% and we have all the data necessary to obtain it, as we know each quarter will constitute 25% of the overall weight percentage. Now to the formula:
52(.25) + 47(.25) + 51(.25) + X(.25) = 48 13 + 11.75 + 12.75 + X(.25) = 48 37.5 + X(.25) = 48 X(.25) = 48 -37.5 X(.25) = 10.5 X = 10.5/.25 X = 42
That means the 4th quarter passing rate must had been of 42%. and to corroborate the mathematical accuracy of this we can double check: 52% + 47% + 51% + 42% / 4 = 48%
I repeat, I'm bored at 1:52 am with nothing else to do...... but I hope that explains the concept.
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asgamouh Contributor
Joined: 28 May 2010 Location: United States
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Posted: 29 Dec 2010 at 01:27 | IP Logged
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Guys you need to understand that the rates shown on the web
page are not cumulative. Each quarter has the passing rates
for that quarter and the cumulative column is the only
cumulative passing rates.
__________________ AUD- Feb 28 2011 (81)
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