II:Quantitative Analysis
  Weight
  Level I Exam Weight:20%
  Full Exam Weight:10%
  10 Main Points
  Mean,standard deviation,correlation,skewness,and kurtosis
  Probability distributions
  Estimating parameters of distributions
  Linear regression and correlation,hypothesis testing
  Statistical inference
  Estimating correlation and volatility
  EWMA,GARCH models
  Maximum likelihood methods
  Volatility term structures
  Simulation methods
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