Hey John, I am still a little confused and how to read the pay off table in order to determine maximin, maximax and (minimax regret-just for reference). I am not sure if to look for the figures on the table horizontally or vertically. When I checked the text book I see examples where are the answers are different to what I would have work out. I would appreciate your assistance on this.
You can set out your table any way you like – there is no rule.
I find it easier to set it up as a matrix (but you do not have to – you can just do a list of all the various possible outcomes if you prefer), but if you do set it up as a matrix then it does not matter whether you have choices down the side and the uncertain items across the top, or vice versa.
What is important is that you get the correct profits, and that you make the correct decisions.
please upload more answers on past papers on F5. We need to be more up to date and please upload the answers of the most recent past papres. thanks a lot for everything. very helpful the site indeeeeddd!!
Could you please find time for uploading 馃檪 since the best way to prepare for ACCA is practise with past paper quesions. We appreciate your work. Thanks a lot.
Sources of data was not in the syllabus for the December 2012 exam! For June 2013, they are relevant but not sampling. Chapters on sources of data have been added to our course notes (downloadable on this website).
Hey john, I just want to confirm when the production is 350 K and demand is 200K, isnt the left over 150 K that we have to subtract from the profit .. ?
Many thanks for this lecture it’s really helped me understand the procedures of answering the question and thanks again for the new lectures, just going through the recent past exam papers and I cant thank you enough for this.
enroluniabroad says
hello sir
please tell me where to download these paper notes because i could only find the old papers till 2012 on ACCA website….
thanks.
John Moffat says
If you search with Google you should be able to find them (they are still on the ACCA website, but not indexed).
Try this link:
https://www.accaglobal.com/content/dam/acca/global/PDF-learningproviders/2012/2012f/f5_2011_dec_q.pdf
isidori says
i can’t access past papers of f5 from 2004-2005 pse help me.
John Moffat says
That is because Paper F5 did not exist before 2006!!
(It used to be Paper 2.4, but that was a combination of parts of what are now F5 and F9)
mugisaronnie says
Thanks Tutor John, pliz upload for us more paper question pliz………
md.shaiful amin says
This lecture is very important for all.when i saw it i felt it.
cecel says
Thanks John,
Keep up the good work.
cecel says
Hey John,
I am still a little confused and how to read the pay off table in order to determine maximin, maximax and (minimax regret-just for reference). I am not sure if to look for the figures on the table horizontally or vertically. When I checked the text book I see examples where are the answers are different to what I would have work out. I would appreciate your assistance on this.
John Moffat says
You can set out your table any way you like – there is no rule.
I find it easier to set it up as a matrix (but you do not have to – you can just do a list of all the various possible outcomes if you prefer), but if you do set it up as a matrix then it does not matter whether you have choices down the side and the uncertain items across the top, or vice versa.
What is important is that you get the correct profits, and that you make the correct decisions.
nikole25 says
please upload more answers on past papers on F5.
We need to be more up to date and please upload the answers of the most recent past papres.
thanks a lot for everything.
very helpful the site indeeeeddd!!
John Moffat says
More answers will be uploaded when I have the time!
koszhanov says
Could you please find time for uploading 馃檪 since the best way to prepare for ACCA is practise with past paper quesions.
We appreciate your work. Thanks a lot.
Dthind says
Very well explained,,,,after attending this lecture & doing this past paper I am confident in this topic.
Thankssssssss…
suthan says
very good lecture……
mellizle2008 says
excellent!!!
bfungayi says
Can somone enlighten on sources of data eg stratified,quota samplin etc
xiaoyuhoho says
sorry,
John Moffat says
Sources of data was not in the syllabus for the December 2012 exam!
For June 2013, they are relevant but not sampling.
Chapters on sources of data have been added to our course notes (downloadable on this website).
nanfuma says
Mr. John Moffat – thank you so much. If there was another word I could use to say thank you, I would have used it. Thank you.
merkada says
does decision trees ever come in an exam
John Moffat says
@merkada, Not yet, but they are now in the syllabus so they can be asked.
merkada says
i need serious hep right now although i did many questions its ike hmm cant even think right now
wasibutt says
Hey john,
I just want to confirm when the production is 350 K and demand is 200K, isnt the left over 150 K that we have to subtract from the profit .. ?
wasibutt says
@wasibutt, Oh Actually I got it 馃槢
ReeneFrance says
I still don’t quite understanding why 80k instead of 150k….????
ReeneFrance says
never mind ….it was later corrected in the video.
lolo822 says
Many thanks for this lecture it’s really helped me understand the procedures of answering the question and thanks again for the new lectures, just going through the recent past exam papers and I cant thank you enough for this.