- This topic has 3 replies, 2 voices, and was last updated 13 years ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
- Posts
Because 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.
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….
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.