quantitative-analysis-2015-august-2025-past-papers
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DATE 06 Dec 2025
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SIZE 3.37 MB
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notes
About This Document
Document Type: This is a Past Paper, designed for Reviewing previous question patterns.
Context: Standard material from the 2015 academic period.
Key Content: Likely covers essential definitions, problem solving, and structured questions to test your proficiency.
Study Strategy: Attempt these questions under timed conditions to simulate a real exam environment, then check against your notes.
Recommendation: comprehensive resource for students aiming to deepen their understanding of General Studies.
Detailed Content Overview
Introduction
This notes resource titled "quantitative-analysis-2015-august-2025-past-papers" provides comprehensive exam preparation materials designed to test and enhance your understanding. This resource is structured to facilitate effective learning and retention of important information.
Key Topics Covered
Learning Objectives
- Master key concepts required for examination success
- Practice answering exam-style questions effectively
- Develop time management skills for timed assessments
- Identify and address knowledge gaps in understanding
Detailed Summary
CPA FOUNDATION LEVEL CIFA FOUNDATION LEVEL QUANTITATIVE ANALYSIS WEDNESDAY: 20 August 2025. This paper consists of seven (7) questions. ALL questions carry equal marks. Do NOT write anything on this paper. QUESTION ONE (a) Using appropriate formular, differentiate between “variance” and “standard deviation” as used in statistics. (4 marks) (b) Customers arrive at a particular supermarket exit at the rate of 4 customers per minute. The distribution of arrivals approximate a Poisson distribution. ke Required: Determine the probability that: No customer arrives in a particular minute. (1 mark) (ii) At least one customer arrives during a particular minute. (1 mark) (iii) At most one customer arrives during a particular minute. (2 marks) (c) w w (i) The quarterly sales of Meshek Traders during the years 2022, 2023 and 2024 were as tabulated below: Year 2022 2023 2024 Q1 45 44 53 Quarterly Sales in Sh. “million” Q2 Q3 Q4 78 56 80 67 43 86 89 81 102 Required: (i) The three-quarter moving average. (4 marks) (ii) The seasonal index for each quarter assuming the multiplicative model.
Study Tips & Recommendations
Time Management
Practice under timed conditions to improve speed and accuracy. Allocate specific time limits to each section.
Active Practice
Attempt all questions before checking answers. Review mistakes to understand where improvements are needed.
Mark Scheme Review
Study marking schemes carefully to understand how examiners award points and structure your answers accordingly.
Regular Review
Schedule periodic reviews to reinforce learning and combat forgetting. Use spaced repetition for optimal retention.
Content Preview
CPA FOUNDATION LEVEL CIFA FOUNDATION LEVEL QUANTITATIVE ANALYSIS WEDNESDAY: 20 August 2025. Morning Paper. Time Allowed: 3 hours. This paper consists of seven (7) questions. Answer any FIVE questions. ALL questions carry equal marks. Show ALL your workings. Do NOT write anything on this paper. QUESTION ONE (a) Using appropriate formular, differentiate between “variance” and “standard deviation” as used in statistics. (4 marks) (b) Customers arrive at a particular supermarket exit at the rate of...
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