- This topic has 7 replies, 6 voices, and was last updated 12 years ago by Ken Garrett.
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- October 2, 2012 at 3:50 pm #22820
I would like to know the desired question approach to the P5 questions because I feel am not getting the technique right and that is why I keep on failing to pass.I honestly need some guidance.
October 2, 2012 at 11:32 pm #56758Have you checked out the Examiner’s Approach articles and the essential ‘Tackling the Exams’ article?
https://opentuition.com/wp-content/uploads/group-documents/26/1305832993-tacklingexams.pdf
October 4, 2012 at 5:22 am #56759Hi,
I have this problem of keep failing too..Dec 2012 is going to be my 3rd attempt for this paper and as i know there is change in the syllabus for June 2013, really hope i can go through this time.
Was just wondering, why i cant post my reply in some of the forum?
October 4, 2012 at 4:05 pm #56760Not sure what you mean by “Was just wondering, why i cant post my reply in some of the forum?”
November 14, 2012 at 12:07 am #56761Hi
Is it possible for you to explain me how to calculate expected values. There is a question UNIQUE COMPONENTS. I tried a lot to calculate the probabilities and expected values but all my efforts went in vain. I will be really very thankful to you if you just tell me how to calculate them. Please explain me this part of the question. Waiting for ur replyNovember 14, 2012 at 6:53 pm #56762I don’t know what version of the answer you have, but if you take suggestion 1 of Part (b), to achieve a cost no higher than $36.26, a cost saving of at least 12%, this is achieved when the costs fall to 36.07, 32.38, 32.81, 33.28, 33.68, 34.34. These costs are achieved with probabilities of 0.08 +0.02 + 0.03 + 0.03 + 0.01 +0.01 = 0.18.
Similarly for other proposals.
HTH
November 15, 2012 at 7:39 am #56763please let me know in which past paper is this question on expected value, i would like to practice because am having problem to calculate expected values.
November 15, 2012 at 4:10 pm #56764Pilot paper
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