How Grading System Works
Now in India schools are gradually going for grading system leaving old marks and percentage system. It is definitely better. I am not saying the best as I am against this division system. Grades, marks create divide among students. why grades are better only because there are few grade points to divide but in marks system we have full range to divide students.
so it is important to understand how this grading system works? this is a complex question and there are lot of theories behind it. different schools, colleges follow different ways. Mathematically this whole process can be classified as a statistic topic related to variance , mean and all.
few days back I came across an interesting article by Daniel Solove. He sees the grading system with a different perception.
The key to this method is a good toss. Without a good toss, it is difficult to get a good spread for the grading curve.
All exam papers are tossed over stairs to get a good toss. Note in Figure above that the exams are evenly spread out, enabling application of the curve. Here, however, is where the experts diverge. Some contend that the curve ought to be applied as in Figure below, with the exams at the bottom of the staircase to receive a lower grade than the ones higher up on the staircase.
According to this theory, quality is understood as a function of being toward the top, and thus the best exams clearly are to be found in this position. Others, however, propose an alternative theory(see below)
They contend that that the exams at the bottom deserve higher grades than the ones at the top. While many professors still practice the top-higher-grade approach, the leading authorities subscribe to the bottom-higher-grade theory, despite its counter intuitive appearance. The rationale for this view is that the exams that fall lower on the staircase have more heft and have traveled farther. The greater distance traveled indicates greater knowledge of the subject matter. The bottom higher-grade approach is clearly the most logical and best-justified approach. Even with the grade curve lines established, grading is far from completed. Several exams teeter between levels. The key is to measure the extent of what is referred to as “exam protrusion.” Exams that have small portions extending below the grade line should receive a minus; exams with protrusions above the grade lines receive a plus. But what about exams that are right in the middle of a line. In Figure 6 below, this exam teeters between the A and B line. Should it receive and A- or a B+?
This is a difficult question, but I believe it is clearly an A-. The exam is already bending toward the next stair, and in the bottom-higher-grade approach, it is leaning toward the A-. Therefore, this student deserves the A- since momentum is clearly in that direction. Finally, there are some finer points about grading that only true masters have understood. Consider the exam in Figure 7 below. Although it appears on the C stair and seems to be protruding onto the B stair, at first glance, one would think it should receive a grade of C+. But not so. A careful examination reveals that the exam is crumpled. Clearly this is an indication of a sloppy exam performance, and the grade must reflect this fact. The appropriate grade is C-

One final example, consider in Figure 8 below the circled exam that is is very far away from the others at the bottom of the staircase. Is this an A+?
Novices would think so, as the exam has separated itself a considerable distance from the rest of the pack. However, the correct grade for this exam is a B. The exam has traveled too far away from the pack, and will lead to extra effort on the part of the grader to retrieve the exam. Therefore, the exam must be penalized for this obvious flaw. As you can see, grading takes considerable time and effort. But students can be assured that modern grading techniques will produce the most precise and accurate grading possible, assuming professors have achieved mastery of the necessary grading skills.
disclaimer :Above post is not the actual way the grading system works
(reference -http://www.concurringopinions.com)
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