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For the topic budgeting, what kind of questions can we be asked? And what past exams can i practice for it?
Will we be given the formula for the linear regression and correlation coefficient?Thank you.
If you look at our Course Notes and the free lectures that go with them, they cover the various areas that can be asked. Most of any question on budgeting will be writing rather than calculations.
There is a budgeting question in every exam and so all past exams include one (the best ones to work through first are those from the last three years, but do not spend too long on last Decembers exam because the examiner does not usually ask the same things in the following exam).You will not get given the formulae for regression. This is because (as you will have read in our course notes) the examiner has said that you will no longer be asked for calculations on regression (or on time series either). The most she can expect is that you understand the idea. (This is because they are both examined in F2 and it is therefore assumed knowledge).
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