- This topic has 1 reply, 2 voices, and was last updated 1 year ago by .
- You must be logged in to reply to this topic.
PQ Awards Nominations
Please help us to win one of the PQ Magazine awards and send in the voting form >>
You can nominate us in any or all of the following categories: Online College of the Year, Study Resource of the Year, Private Sector Lecturer of the Year, and Accountancy Personality of the Year.
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
thanks for your amazing lectures. really loved your explanation with graph and making things practical. just fascinated with one thing though. May I ask(for knowledge purpose) the logic of those numbers(fractions and power) used in the formulae for spread and how accurate this can be in estimating the limits of the cash.
I assume that you are referring to Miller-Orr, in which case the logic comes from the application of normal distribution theory, which is outside the scope of Paper FM.