quantitative analysis

Hi all, will we be expected to answer many state Bayesian problems in the FRM part 1 exam? Example: Suppose 3 types of managers: underperformers beat mkt 25% of the time. In-line performers beat mkt 50% of the time. Outperformers beat mkt 75% of the time. Prior belief is that manager has 60%...

Hi David, I notice that Chapter 1 - Probabilities (Quantitative Analysis) - FRM Part I 2015, has been scaled down, somewhat, over the corresponding Chapter I of FRM Part 1 2014. It is not a substantial one - I must admit. Your notes are quite exhaustive.....pulled down from various books, I can...