Look from the perspective of scores also that is Market Risk:20,Credit Risk:20,Operational &Int Risk:20,Investment Risk:12 & Financial Cases:8
someone with 44411(order:Credit Risk=4,Operational &Int Risk=4,Market Risk=4,Investment Risk=1,Financial Cases=1) could have altogether different scores ,i would expect the person scores full out of full in topics with quartile 1 to avoid disservice thus he has 12/12 in Investment Risk(range:11-12 for 1st quartile ) and 8/8 in Financial Cases(range:7-8 for 1st quartile ),also assume that the performance of test takers was exceptionally good in the topics where he got quartiles as 4,then those with quartile 1 have average score of 19/20 in Operational &Int Risk(range:19-20) and 19/20 in Market Risk (range:19-20)& 19/20 in Credit Risk(range:19-20), those with quartile 2 have average score of 17/20 in Operational &Int Risk(range:16-18) and 17/20 in Market Risk (range:16-18) & 17/20 in Credit Risk(range:16-18) and those with quartile 3 have average score of 14/20 in Operational &Int Risk (range:14-15) and 14/20 in Market Risk (range:14-15)& 14/20 in Credit Risk(range:14-15) ,those with quartile 4 have average score of 11/20 in Operational &Int Risk (range:8-13) and 11/20 in Market Risk (range:8-13)& 11/20 in Credit Risk(range:8-13)
So our person with 44411 could have the scores of 13,13,13,12,8=59/80(>70% of total score 80) which is i think is a pass by handsome margin if we consider the top 5% scorers in the exam to have score of 75 then the 70% of the 75/80=.7*75=52.5 so the person with score 52/80 passes by handsome margin.Also compare this with someone getting quartiles 22223 could have scores 16,16,16,9,2=59/80,although the quartiles 22223 seems way better than 44411, the score of 32223= score of 44411 ,i think i have made my point clear how could you determine performance in the exam from quartiles they just give a glance to your performance who knows the actual scores.I think quartiles conceals the actual scores although they do give some idea for the scores.
Passing with such quartiles as 44411 is not that bad(although it seems Bad) after all consider the average quartile=(4+4+4+1+1)/5=14/5=2.8 which i think is fair quartile is worthy of a pass,compare this with someone passing with quartile 42242(the average quartile is same=(4+2+2+4+2)/5=14/5=2.8 ) which looks a fair quartiles scores, that is you are scoring in 3/5 topics in top 50% is worthy of a pass.
Thanks
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