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Exam P3 Topic 1 Question 147 Discussion

Actual exam question for CIMA's P3 exam
Question #: 147
Topic #: 1
ERT is choosing between two maintenance policies for its vehicles. The outcomes of these policies are difficult to predict and so ERT has run a simu-lation of both.
Policy 1 has an expected annual cost of $400,000 per year, with a standard deviation of $80,000.
Policy 2 has an expected value of $350,000, with a standard deviation of $150,000.
Which of the following statements are correct?

Suggested Answer: A,D,E Vote an answer

by Beacher at Jul 02, 2026, 03:53 AM

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Here are all the actual test exam dumps for IT exams. Most people prepare for the actual exams with our test dumps to pass their exams. So it's critical to choose and actual test pdf to succeed.

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