[944] Midterm scores and Homework

[Gautam Iyer]

Hi All,

1. Your next homework is online. (I put it online Monday, but forgot to
   notify you.) It is due Wednesday one week from today as usual. The
   last question can be solved with no knowledge of stochastic calculus.
   It is only there because it is what leads to the Black-Scholes
   formula, which I will do in class on Monday.

2. Your midterm is now graded, and will be unmuted on Canvas shortly.
   You can convert your midterm score to a "grade point" (a number
   between 0 and 4.5) using the table at the bottom of this email. This
   number will be averaged with your final / homework scores (by the
   formula on the website), and converted to a letter grade using the
   standard scale without rounding (i.e. 4.0 = A, and 3.99 = A-).

   Here was the class distribution:

        Score       Grade           Number of students

        A+          9
        A           13
        A-          32
        B+          13
        B           6
        B-          9
        C+          5
        C           5
        C-          4
        D+          2
        D           1
        R           1

   I'm happy to see many people do well. Well done!

   Note an "A-" on this exam was 19. This means if you did the first
   four questions with at most one very minor mistake, you can get an
   A-. An "A" was 21 points, meaning that in order to get an A you would
   also need to make some progress on the last question. To get any
   partial credit at all on this question, you would need to have the
   right idea and at least make some progress in the right direction.

3. If you believe part of your exam has been graded incorrectly, here is
   the policy on regrading exams stated on the class website:

    * Your graded exams will be available in the MSCF office on your
      campus. You may view them in the office. However if you take them
      out of the office you may not request regrading of any problems.

    * If you believe a particular question has been graded incorrectly,
      then please leave a post-it note on the front of the exam
      indicating which question you want re-graded, and tell
      Jessica/Diffy. Please do **NOT** include any explanation or message.
      Your grade will be solely based on our interpretation of what is
      written on the exam, and not on any explanation you provide
      outside the exam.

    * We will cover up the grade, and independently regrade the
      requested question. The new grade will replace your old grade,
      EVEN IF IT IS LOWER. I strongly recommend you read and understand
      the solutions posted online before requesting a regrade, because
      YOUR GRADE COULD BECOME LOWER.

Have a nice break and see you Monday.

GI

----- Midterm score to grade point conversion -----

Midterm Score       Grade Point
9                   0.60
11                  1.00
12                  1.34
13                  1.67
14                  2.00
15                  2.34
15.5                2.50
16                  2.67
16.5                2.84
17                  3.00
17.5                3.17
18                  3.34
19                  3.67
19.5                3.75
20                  3.83
20.5                3.92
21                  4.00
21.5                4.06
22                  4.13
23                  4.25
23.5                4.31
24                  4.38
24.5                4.44
25                  4.50

-- 
'Conscience' -- The inner voice that warns us somebody is looking.