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standard normal distribution table

Forums › ACCA Forums › ACCA AFM Advanced Financial Management Forums › standard normal distribution table

  • This topic has 4 replies, 3 voices, and was last updated 10 years ago by John Moffat.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • November 7, 2014 at 6:33 am #208177
    student07
    Member
    • Topics: 193
    • Replies: 162
    • ☆☆☆

    Sir could you please help me with this.
    I have got value of d1 as .5418 and when i look in the table i can only find till .54 ie .2054 but the answer is .2060 how did they get this figure.I know for calculating N(d1) i will be adding 0.5 but i don’t know from where to get the above figure. Many thanks

    November 7, 2014 at 5:57 pm #208276
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54705
    • ☆☆☆☆☆

    The examiner was being ‘clever’ – what he has done is approximated between the table figures for .54 and for .55 (it is .18 of the difference between them).

    There is no need to do this in the exam – I would just do it to 0.54 – and you will not lose marks.

    November 7, 2014 at 8:10 pm #208318
    student07
    Member
    • Topics: 193
    • Replies: 162
    • ☆☆☆

    Thanks a lot sir.

    November 8, 2014 at 5:54 am #208350
    haseenababu
    Member
    • Topics: 5
    • Replies: 59
    • ☆☆

    Oh thats nice. Its been very disturbing and time consuming finding out the average value.

    November 8, 2014 at 5:24 pm #208443
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54705
    • ☆☆☆☆☆

    🙂

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