CIMA P2 Learning Curves
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Another typo at the end with Exercise 5. 40.96 / 100 was written as 0.496 instead of 0.4096. The result should be exactly 80%, not 83.9% as calculated in the lecture. The answer in the notes is however correct.
Lecture still not updated
exercise 2 .
Professor calculated the value of “incremental no. of units” for 8 units ias 409.6-96=313.6 however by looking at the other 3 I suspect it to be 409.6-256=153.6 . Please confirm the answer
Yes, it should be 153.6 and I will have the lecture corrected – thanks.
(The answer in the lecture notes is correct)