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Solutions by JZ

PRC -02 ICAP BOOK SOLUTIONS BY JZ


DISCLAIMER
This document contains the solutions of all the questions of QM Question Bank of ICAP Book.
The screenshots of typed solutions are taken from the solution of Old ICAP Book of QM for
AFC. Additional Questions are solved by hand.
This document is not print friendly. It will not give proper printing quality. So you are suggested
not to print this document and use it in softcopy only.

To access the Solutions of other chapter visit this G drive folder


Click on the following link or scan this QR Code from your mobile to
open the G Drive Folder.
https://bit.ly/PRC2ICAPbookSolutionsbyJZ

If you find any error in solutions please let me know at 03334748659 via whatsapp.

For more solutions and videos relating to QM join the following youtube
channel.
https://studio.youtube.com/channel/UCJdojb0tAAyctEMs9Y0ZGlg

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TABLE OF CONTENT
Chapter 1 Mathematical equations and coordinate system ................................ 5
Chapter 2 Quadratic equations ......................................................................... 31
Chapter 3 Mathematical progression ................................................................ 47
Chapter 4 Linear programming ......................................................................... 84
Chapter 5 Financial mathematics .................................................................... 113
Chapter 6 Discounted cash flows .................................................................... 170
Chapter 7 Data - collection and representation ............................................... 218
Chapter 8 Statistical measures of data ............................................................ 231
Chapter 9 Indices ............................................................................................ 254
Chapter 10 Correlation and regression ............................................................ 268
Chapter 11 Probability concepts ..................................................................... 287
Chapter 12 Probability distributions ............................................................... 310
Chapter 13 Sampling and sampling distributions ............................................ 335
Chapter 14 Hypothesis testing ........................................................................ 350
Chapter 15 Chi-square testing ......................................................................... 366

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Calculator Tricks

Video 1 General guideline & tips Video 2 Finding Unknown Value ( Video 3 solving simultaneous
for calculators 1 Unknown and 1 Equation) equation (2 unknown)
https://youtu.be/HXu__kxD8_o https://youtu.be/aBfa782fyh8 https://youtu.be/NybBJ4uNtqM

Video 4 solving simultaneous


equation (3 unknown)
https://youtu.be/0dLyfGRCF9g

Video 7 Find a, b and r in Video 8 Finding Sum, Mean, SD Video 9 Log, Natural log, Log of
regression analysis and variance in regression other basis and finding x from log
https://youtu.be/D_L4Q2qJHdg analysis equation
https://youtu.be/3jXrlIdzPS8 https://youtu.be/QejUloiTYAY

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Video 12 Finding IRR with the help
of Calculator
https://youtu.be/QOrpuNPQGec

Video 13 Finding Mean SD Video 14 calculator memory Video 15 Finding Probability


Variance of grouped and function while calculating Mean Normal distribution area under the
ungrouped data https://youtu.be/gyoVox2pPW4 curve p q and r Part 1
https://youtu.be/PHB4p91nzZw https://youtu.be/e_3G7981DLM

Video 16 Finding Probability Video 17 Finding slope equation Video 18 Constructing Binomial
Normal distribution area under of line from two points or Distribution tables with Calculator
the curve p q & r Part2 intercepts and finding VC+FC https://youtu.be/DZcjxwOIfWQ
https://youtu.be/-x_eFoIrdic https://youtu.be/zNrcfA8N3RM

Video 19 Constructing Poisson Video 20 Factorization of


Distribution tables with Quadratic Equation and its
Calculator solution with calculator
https://youtu.be/c3TKL99WamI (Calculator Series
https://youtu.be/MAg_hlej7z0

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Chapter 10 Correlation and regression

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63. Click this link to open the video solution https://youtu.be/89XM_xz-lgo


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