please i am unable to understand this ZSE’s a) iv) …….help me out
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ACCA F9 June 2010 Question 1 ZSE
14y ago#1Because you ask about a) iv), I assume that you are happy with the previous parts and that therefore you are clear where the possible final balances and the probabilities come from.
In which case, since the overdraft limit is 2,000,000 (from the question) you just need to add up the probabilities of those balances that are more than 2,000,000 overdrawn.
In which case, since the overdraft limit is 2,000,000 (from the question) you just need to add up the probabilities of those balances that are more than 2,000,000 overdrawn.
ok….now i got what u mean…in part a)ii) we had 3 negative balances…..
(1500,000)
(5500,000)
(11500,000)
(5500,000) & (11500,000) exceeded the overdraft limit (2000,000) .
so we added their probabilities….
(1500,000)
(5500,000)
(11500,000)
(5500,000) & (11500,000) exceeded the overdraft limit (2000,000) .
so we added their probabilities….
14y ago#3That's right :)
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