AW1 0.00% 12.5¢ american west metals limited

AW1 General Chat, page-3199

  1. 10,517 Posts.
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    Correct - but you both made a fundamental mistake when you set up the problem - you solved for three unknowns (dog, cat and our poor exhausted little bunny) - hence you set up 3 equations and solved them in the usual way.

    But the problem is not as complex as that and there is only 1 unknown (dog+cat+bunny) and only one equation is needed ie

    (cat+bunny) + (dog+bunny) + (dog+cat) = 10 + 20 + 24

    therefore
    2(dog+cat+bunny) = 54

    (dog+cat+bunny) = 27

    I used to love setting problems like that in exams when I taught maths and physics at Brisbane Grammar (for 5 years a lifetime ago lol)
    Mummy was not happy when Lil Johnny got the right answer, but did not assess the problem correctly and only got half marks.

    -- Such a state of affairs in not uncommon in life in general and nowhere more so than on this specie stock market.
    Just look at the price action on AW1O today - how can peeps be making such a mistake when assessing the problem ??
    Just look at last years action, and this year will be very similar on the balance of probabilities.
 
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