CIMA Study Systems 2006: Business Mathematics (CIMA Study by Sandra Peers

By Sandra Peers

The 2006 version of CIMA's authentic learn platforms are released via Elsevier on behalf of CIMA. Key sections of the 2006 examine structures are back written by means of examiners so every one textual content absolutely displays what should be validated within the examination. up to date to include legislative and syllabus alterations, the 2006 research structures supply whole examine fabric for the could and November 2006 assessments. the hot variation keeps the preferred loose-leaf structure and includes: * perform questions all through * whole revision part * subject summaries * prompt studying articles from a number journals * CBA sort mock examination * The reliable examine platforms are the one learn fabrics recommended via CIMA * Key sections written by means of examiners for the main exact, updated counsel in the direction of examination luck * entire built-in package deal incorporating syllabus counsel, complete textual content, prompt articles, revision courses and vast query perform

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Additional resources for CIMA Study Systems 2006: Business Mathematics (CIMA Study System Series-Certificate Level)

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Increasing sample size thus tends to reduce sampling error. An example will illustrate these new concepts and terms. A You work as an assistant to the chief accountant of a company that owns a large number of retail stores across the country. The chief accountant asks you to provide him with some up-to-date information on the weekly turnover figures of the stores. Discuss how you would set about this. Solution Secondary financial data on the stores will no doubt be available, but it may not consist of weekly turnover figures and probably will not be up to date.

What is the maximum negative error? 1 BASIC MATHEMATICS 18 STUDY MATERIAL C3 (c) A ¼ 10BC DE What size variations could be produced in A by maximum variations in B of 2 per cent; in C of 4 per cent; in D of 6 per cent; in E of 8 per cent? Solution (a) The expected value of Y ¼ 120 Â 84 ¼ 10,080. 72 and the maximum percentage error is: 1,350:72 Â 100 ¼ 13:4% 10,080 1:2t t ¼ 1:5 ¼ 1:5P 0:8n n where P is its expected value. This is a maximum positive error of 50 per cent. 0:8t ¼ 0:67P Minimum value of P ¼ 1:2n which is a maximum negative error of 33 per cent.

A) (B) (C) (D) The respondent gets time to think about the answer. They have a high response rate. The questionnaire is filled in correctly. The questions can be explained. 5 All but one of the following are advantages of using postal questionnaires. Which is the odd one out? (A) (B) (C) (D) They They They They are cheap. have high response rates. are easy. can guarantee confidentiality. 6 How does an enumerator differ from an interviewer? (A) (B) (C) (D) They They They They do do do do not not not not meet the respondent.

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