• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March and June 2025 exams.
Get your discount code >>

Variance -> Standard Deviation

Forums › ACCA Forums › ACCA AFM Advanced Financial Management Forums › Variance -> Standard Deviation

  • This topic has 0 replies, 1 voice, and was last updated 11 years ago by olierazz.
Viewing 1 post (of 1 total)
  • Author
    Posts
  • July 25, 2013 at 2:02 pm #134284
    olierazz
    Participant
    • Topics: 1
    • Replies: 0
    • ☆

    Under the the BSOP, one of its variables is the volatility a.k.a the standard deviation. If we are given, say a variance of 169% (from D05 Q3 Daylon plc), what is the standard deviation? [standard deviation^2 = variance]

    From the answer, it shows 13% or 0.13 (square root of 169%). Applying it to the formula, s^2 is 0.0169. However 0.0169 is not equivalent to 169% but 1.69%!!!!

    My approach was firstly converting 169% to 1.69. The square root of 1.69 is 1.3. Applying it to the formula , s^2 is 1.69 which is equivalent to 169%.

    P/S: I have a feeling that the percentage sign (%) is the problem behind this.

    Anyways, do tell me where did I get the concept wrong. Thanks so much!

  • Author
    Posts
Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • thienan0110 on Interest rate risk management (1) Part 5 – ACCA (AFM) lectures
  • Venoth on Time Series Analysis – ACCA Management Accounting (MA)
  • mrjonbain on Professionalism, ethical codes and the public interest – ACCA Strategic Business Leader (SBL)
  • mrjonbain on Professionalism, ethical codes and the public interest – ACCA Strategic Business Leader (SBL)
  • kemo1000 on Financial instruments – convertible debentures – ACCA Financial Reporting (FR)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in