RSK4803
19
20
OR
K F
C
PA
AMS
EXXAM
E
,Crunch Time
Jan/Feb 2018
,Question 1
Please read the Diamond Rush Case study in the Jan/Feb 2018 exam paper.If you do not have
past exam paper you can email your request to me-Jabu.My email address is lionel.info@iclou
First you need to calculate the E(X) and s
Variance =[(x i – E(X)] 2 Pr(x i )
σ(X) = R42,862.94
MPL Theft = R217,367.38
Solution
MPL (after multiplied with factor of 10) =R2,17
, Question 2
The CEO of Lucky Strike has requested you to calculate the cost of risk for 2016. Classify the cost of risk into the main compone
riskand prepare a table of the total costr of risk for Lucky Strike for the next EXCO meeting.Show all calculations.(20 marks)
question as it is a project under consideration
Solution
the discussion.