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I had this exact discussion on another forum when this topic came up. The FAA/PSI absolutely have this data down to the second for each exam and know how long any given percentile of examinees takes a given exam in. No doubt this decision was backed up by these statistics. Of course, the only...

For what it is worth, I checked and our database of IRA questions has a very similarly worded question and the same known "correct" answer. We've seen a number (mind you, not a lot) of questions that have clearly faulty answers - not just on the IRA but in general usually a few on each knowledge...