Can someone explain further on the formula for variances?.
ACE ratio: A=C*E, ACE variance: A=C+E.
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ACE ratio: A=C*E, ACE variance: A=C+E.
I have no idea where you found this, but it is not a standard formula and is certainly not a formula that is tested in Paper MA.
Everything needed to be able to pass Paper MA well is covered in our free lectures.
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