Yesterday i read Micheal Pogue’s articles on risk and uncertainty that explain such terms which are not discussed in any of the P5 study materials. Such as (Value at risk calculation methods, monte carlo simulation) and detail standard deviation calculation. All of these putt me off as there are only a few days to go for p5 exam and here comes a surprise!!
These are quite old now and the examiner has changed. I don’t think that they would ever have come up in any significant way. I suggest you ignore these topics 🙂