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NEW QUESTION: 1
Ethel asks a question that is completely irrelevant to the topic being discussed. Your course schedule does HOT allow time to discuss the topic of her question. What should you do in the above situation?
A. Answer the question in class because you know it will improve Ethel's self-esteem.
B. Politely tell her to stick to the subject matter. Explain that you do NOT have time for her question.
C. Ignore the question because It does NOT relate to a course objective.
D. Acknowledge the importance of her question. Offer to discuss it with her on break or after class.
E. Have Ethel research the answer to her question.
Answer: D
NEW QUESTION: 2
The frequency distribution for operational risk loss events can be modeled by which of the following distributions:
I. The binomial distribution
II. The Poisson distribution
III. The negative binomial distribution
IV. The omega distribution
A. I, II and III
B. I, III and IV
C. I, II, III and IV
D. I and III
Answer: A
Explanation:
Explanation
The binomial, Poisson and the negative binomial distributions can all be used to model the loss event frequency distribution. The omega distribution is not used for this purpose, therefore Choice 'a' is the correct answer.
Also note that the negative binomial distribution provides the best model fit because it has more parameters than the binomial or the Poisson. However, in practice the Poisson distribution is most often used due to reasons of practicality and the fact that the key model risk in such situations does not arise from the choice of an incorrect underlying distribution.
NEW QUESTION: 3
A. 0
B. 1
C. 2
D. 3
E. 4
Answer: A
Explanation:
"Without using RMTI, the hop count cannot exceed 15, otherwise it will be considered invalid." http://en.wikipedia.org/wiki/Routing_Information_Protocol
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AD01 Exam Info
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AD01 Exam Topics
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AD01 Offcial Page
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