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NEW QUESTION: 1
When modeling operational risk using separate distributions for loss frequency and loss severity, which of the following is true?
A. Loss severity and loss frequency are modeled using the same units of measurement
B. Loss severity and loss frequency are considered independent
C. Loss severity and loss frequency are modeled as conditional probabilities
D. Loss severity and loss frequency distributions are considered as a bivariate model with positive correlation
Answer: B
Explanation:
Explanation
When modeling operational loss frequency distribution (which, for example, may be based upon a Poisson distribution) and a loss severity distribution (for example, based upon a lognormal distribution), it is assumed that the frequency of losses and the severity of the losses are completely independent and do not impact each other. Therefore Choice 'a' is correct, and the others are not valid assumptions underlying the operational loss modeling.
Once each of these distributions has been built, a random number is drawn from each to determine a loss scenario. The process is repeated many times as part of a Monte Carlo simulation to get a the loss distribution.
NEW QUESTION: 2
A high school nurse observes a 14 year-old female rubbing her scalp excessively in the gym. The most appropriate course of action for the nurse to do is:
A. Observe the hairline and scalp for possible signs of lice.
B. Contact the student's physician.
C. Request a private evaluation of the female's scalp from her parents.
D. Contact the female's parents about the observations.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Observation of the student's hair is the next step.
NEW QUESTION: 3
What is the main difference between automation rules and segmentation rules?
A. Automation rules do run retroactively
B. Segmentation rules do not run retroactively
C. Automation rules run continuously, segmentation rules run once.
D. Neither will "unmatch" prospects
Screen Shot 2018-09-05 at 14.41.17.png
Answer: C
NEW QUESTION: 4
An engineer is performing system updates on a large number of systems using OpenManage Essentials.
The engineer has been instructed NOT to update network adapter firmware at this time.
How can the engineer exclude a firmware update while still using the Dell Online Catalog source?
A. Create a catalog policy to exclude the firmware update.
B. Filter updates by component to exclude the firmware update.
C. Delete the firmware update from the local catalog.
D. Disable the firmware update in the catalog view.
Answer: B
CAMS-FCI FAQ
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CAMS-FCI Exam Info
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CAMS-FCI Exam Topics
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CAMS-FCI Offcial Page
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