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The following year, in 1983, NCSBN once more lowered the number of questions to 370 (including as many as 70 pilot questions). As a paper exam, NCLEX was only provided twice a year. The NCLEX-RN was given over two days in February and November; while the NCLEX-PN was given over a single day in April and October. [5] [6] [7]
In general, bootstrapping usually refers to a self-starting process that is supposed to continue or grow without external input. Many analytical techniques are often called bootstrap methods in reference to their self-starting or self-supporting implementation, such as bootstrapping (statistics), bootstrapping (finance), or bootstrapping (linguistics).
Here, the term structure of spot returns is recovered from the bond yields by solving for them recursively, by forward substitution: this iterative process is called the bootstrap method. The usefulness of bootstrapping is that using only a few carefully selected zero-coupon products, it becomes possible to derive par swap rates (forward and ...
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