CH18 practice question - Q5

Discussion in 'SP7' started by kiki, Aug 29, 2022.

  1. kiki

    kiki Very Active Member

    Can someone please tell me why the answer to Q5 (Explain the issues to consider when communicating uncertainty in reserve estimates) are very different to the chapter summary in terms of communicating uncertainty??? only one point is covered thus consider the audience's knowledge. isnt question 5 is the same as the final section of the chapter?

    thank you very much for your time
     
  2. Aman Sehra

    Aman Sehra Member

    Hi Kiki,

    The chapter summary is a more general list, whereas the practice question is asking about uncertainty 'in reserve estimates'. The bit about reserve estimates means you would need to talk about reserve uncertainty only.

    I hope this helps.

    Aman
    ActEd Tutor
     
    Busy_Bee4422 likes this.

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