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justification

This topic has 2 replies, 2 voices, and was last updated 10 years ago by jess.

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November 24, 2014 at 3:14 am #212538
jess
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when the question ask us to justify any assumption made, what does it actually mean?
eg option theory assume interest rate is constant, how to justify it?
November 24, 2014 at 9:39 am #212599
John Moffat
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Thank you, Elia-Shar-eK 🙂
November 24, 2014 at 2:46 pm #212684
jess
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thanks elia.
so if we have to justify the recommendation, we provide reasons why we make that recommendation. to justify the method used, we give reason for using that method.
am i correct?
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