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NEW QUESTION: 1
Which of the following is the most important problem to solve for fitting a severity distribution for operational risk capital:
A. Determine plausible scenarios to fill the data gaps in the internal and external loss data
B. The fit obtained should reduce the combination of the fitting and approximation errors to a minimum
C. The risk functional's minimization should lead to a good estimate of the 0.999 quantile
D. Empirical loss data needs to be extended to the ranges below the reporting threshold and above large value losses
Answer: C
Explanation:
Explanation
Ultimately, the objective of the operational risk severity estimation exercise is to calculate the 99.9th percentile loss over a one year horizon; and everything else we do with data, collecting loss information, modeling, curve fitting etc revolves around this objective. If we cannot estimate the 99.9th percentile loss accurately, then not much else matters. Therefore Choice 'a' is the correct answer.
Minimizing the combination of fitting and approximation errors is one of the things we do with a view to better estimating the operational loss distribution. Likewise, empirical loss data generally is range bound because corporations do not require employees to log losses less than an threshold, and high value losses are generally rare. This problem is addressed by extrapolating both large and small losses, something that impacts the performance of our model. Likewise, one of the objectives of scenario analysis is to fill data gaps by generating plausible scenarios. Yet while all these are real issues to address, the primary problem we are trying to solve is estimating the 0.999th quantile.
NEW QUESTION: 2
An SMB customer has purchased an HPE ProLiant DL360, which will be very important to their day-to-day operations and strategy implementation. Which HPE Foundation Care
package should you recommend to this customer?
A. Foundation Care Exchange
B. Foundation Call to Repair 6hr CTR
C. Foundation Care 24x7
D. Foundation Care Next Business Day
Answer: B
NEW QUESTION: 3
Welche der folgenden Fragen beantwortet die Servicestrategie anhand ihrer Anleitung?
1.Wie priorisieren wir Investitionen in einem Portfolio?
2.Welche Dienstleistungen und wem?
3.Was sind die Muster der Geschäftstätigkeit (PBA)?
A. nur 2
B. nur 1
C. Alle oben genannten
D. nur 3
Answer: C
NEW QUESTION: 4
What is an advantage of using the vPC feature in a data center environment?
A. VSS is a requirement.
B. Multiple instances of control plane are formed.
C. The control plane and management plane remain separate.
D. Cisco FabricPath technology does not have to be configured.
Answer: B