Hi..I’m confused in a question “What is the attitude to risk of a decision maker who uses the maximax approach?” when i viewed the answer it says “The decision maker is a risk seeker.
What is the attitude to risk of a decision maker who uses the expected value approach?”
so the answer rise seeker is for the question maximax or expected value approach?if its not for expected value approach then whats the answer ? TIA
Sandra: please ask questions like this in the F5 forum and not as a comment on the flashcards.
If you have watched (and understood) all of the lectures here (with the free lecture notes in front of you), and if you have practiced all of the questions in your revision kit (and the MCQ’s under time pressure), then you have more than enough to pass the exam.
I assume that you have already done that. If you are only just about to start then I am afraid that there is no realistic chance of passing in June – these exams are harder than university exams.
They are little tests on the written aspects of the exam (50% of the exam is written as opposed to calculations). You really should try and find time to complete the syllabus – you still have a week.
me too my first attempt was just 41
Thank a lot!
You are welcome 🙂
What’s the best approach in answering f5? When drawing graphs, are we supposed to used pencils or black ink?
Please ask this sort of question in the Ask the Tutor Forum in future 🙂
Everything in the exam must be in black ink (because your answers will be scanned and then sent to the markers electronically).
This includes graphs (but if you want, then draw in pencil and when you are happy that it is correct then draw over in black ink)
Hi..I’m confused in a question “What is the attitude to risk of a decision maker who uses the maximax approach?” when i viewed the answer it says “The decision maker is a risk seeker.
What is the attitude to risk of a decision maker who uses the expected value approach?”
so the answer rise seeker is for the question maximax or expected value approach?if its not for expected value approach then whats the answer ? TIA
risk seeker is for maximax..decision maker who uses EV approach focuses mainly on the long term perspective of business.
The attitude to risk of a decision maker who uses the expected value approach is that of risk neutral.
(I will check the flashcards – either there is an error there, or there is a glitch on your computer 🙂 )
is opentuition and revision kit enough to pass f5 exam in june 2015
A decision maker who uses maximax is a risk seeker.
As decision maker who uses expected values is risk neutral.
(It is strange because when I look them it is showing the correct answers 🙂 )
Sandra: please ask questions like this in the F5 forum and not as a comment on the flashcards.
If you have watched (and understood) all of the lectures here (with the free lecture notes in front of you), and if you have practiced all of the questions in your revision kit (and the MCQ’s under time pressure), then you have more than enough to pass the exam.
I assume that you have already done that. If you are only just about to start then I am afraid that there is no realistic chance of passing in June – these exams are harder than university exams.
i guess this time there will will be a confusing paper so lets prepare well.
du u think guys that decision may come
yesterday the examiner call me and show me the quesition paper.DNT WORRY IT WAS IN MY DREAM LOL
will this help me to revise as am not able to complete my syllabus
please help me out
They are little tests on the written aspects of the exam (50% of the exam is written as opposed to calculations).
You really should try and find time to complete the syllabus – you still have a week.
how many attempts is the max. you can have? good luck by the way 😉
Thx, good tool for final touches in revision
Many thanks for this revision flashcards!