Hi,
I am really struggling with where to find the numbers on the standard distribution table.
I have attempted questions in the revision kit where the model answer uses !.65 for 95% confidence level & 2.33 for 99% confidence level.
i can not see these numbers on the distribution tables. can you please help how these are calculated
Ask the Tutor ACCA AFM
Value at Rick
11y ago#1Anoopej is correct (although he should not be answering in this forum because he is not the tutor :-) )
You can find a lecture on value at risk which answers your question in the list of free lectures for Paper P4.
I am still really struggling with where to find the numbers on the standard distribution table. December 2014 exam had a 90% confidence level.
Can you please help how it is calculated
11y ago#3If you watch the lecture that I referred to in my last response, I go through how to use the normal distribution tables in detail.
Sign in to reply to this topic.