Equipercentile Method in Bank Exam Score Calculation
In the Equipercentile method used by banks to calculate candidate scores in exams, a comparative analysis is conducted based on percentiles. Here's a step-by-step guide to understanding how scores and percentiles are calculated:
1.
Data Collection: Gather the scores of all candidates who appeared for the exam, along with their ranks and total marks.
2.
Identify Top Scorer: Determine the candidate with the highest marks as the top scorer, usually denoted as having a percentile of 100%. For example, in a sample of 20 students, if Shaielsh scores 49 out of 50, his percentile would be 100%.
3.
Percentile Calculation: Calculate the percentile of each candidate by comparing their score to the scores of other candidates. This comparison is essential in determining the relative performance of each candidate.
4.
Equipercentile Method: The Equipercentile method involves matching the percentile values of candidates with the corresponding scores. This method ensures fairness and accuracy in score calculation by considering the distribution of scores across all candidates.
5.
Rank Assignment: Based on the percentile and score comparison, ranks are assigned to each candidate. The top scorer usually holds the highest rank, while others follow based on their relative performance.
6.
Normalization: In cases where exams have varying difficulty levels or different sets of questions, normalization techniques may be applied to ensure fairness in score calculation across all candidates.
Understanding the Equipercentile method used by banks provides transparency and fairness in evaluating candidate performance in exams. By following this method, banks can maintain standardized processes for score calculation while considering the relative performance of all candidates.