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NEW QUESTION: 1
When fitting a distribution in excess of a threshold as part of the body-tail distribution method described by the equation below, how is the parameter 'p' calculated.
Here, F(x) is the severity distribution. F(Tail) and F(Body) are the parametric distributions selected for the tail and the body, and T is the threshold in excess of which the tail is considered to begin.
A. If there are K observations up to the tail threshold, then p = k*n
B. p is a function of the reporting threshold and determined by the log-likelihood functional
C. If there are N observations, of which K are up to T, then p = k/N
D. p is a parameter estimated using either the sum of least squares or maximum likelihood estimation
Answer: C
Explanation:
Explanation
p = k/N. If there are N observations of which K are upto T, then p = k/N allows us to have a continuous unbroken curve which gets increasingly weighted towards the distribution selected for the tail as we move towards the 'right', ie the higher values of losses.
The other choices are incorrect and mostly nonsensical.
NEW QUESTION: 2
You work as an Office Manager for Blue Well Inc. The company has a Windows-based network. You have two budget situations in which one is the worst case and the other is the best case. You want to create both situations on the same worksheet and then switch between them with the change in requirements. Which of the following will you use to accomplish the task?
A. Data table
B. Scenario
C. Goal Seek
D. Solver add-in
Answer: B
Explanation:
A scenario is defined as a type of what-if analysis tools. It is a set of values saved by Excel and can be substituted automatically in cells on a worksheet. A user can create and save different groups of values on a worksheet and then switch to any of these new scenarios to view different results. Scenario reports are not automatically recalculated. If the user changes the values of a scenario, those changes will not be displayed in an existing summary report and he must create a new summary report to show the reflection of the changed report. Answer option A is incorrect. Goal Seek is defined as a type of what-if analysis tools. It is used if a user knows the result that he wants from a formula, but he is not sure what input value the formula needs to get that result. It works with only one variable input value.
Answer option D is incorrect. The Solver add-in is used if a user knows the result that he wants from a formula, but he is not sure what input value the formula needs to get that result. It is used for more than one input value. It works with a group of cells related to the formula in the objective cell. Answer option B is incorrect. A data table is used to see all the outcomes in one place. It is defined as a type of what-if analysis tools. It is used if a user has a formula that uses one or two variables or multiple formulas that all use one common variable. It is used to examine a range of possibilities at a glance and since the user focuses on only one or two variables, results are easy to read and share in tabular form. If automatic recalculation is enabled, it is possible to recalculate the data in data tables immediately and as a result, the user always gets fresh data.
NEW QUESTION: 3
Amazon EBS snapshots have which of the following two characteristics? Choose 2 answers
A. EBS snapshots can only be restored to an EBS volume of the same size or smaller
B. EBS snapshots can only be restored and mounted to an instance in the same Availability Zone as the original EBS volume
C. EBS snapshots only save incremental changes from snapshot to snapshot
D. EBS snapshots can be created in real-time without stopping an EC2 instance
Answer: C,D
NEW QUESTION: 4
You have a Microsoft 365 subscription that contains a guest user named User1. User1 is assigned the User administrator role.
You have a Microsoft Azure Active Directory (Azure AD) tenant named contoso.com. Contoso.com is configured as shown in the following exhibit.
Use the drop-down menus to select the answer choice that completes each statement based on the information presented in the graphic.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation:
References:
https://docs.microsoft.com/en-us/azure/active-directory/b2b/delegate-invitations
https://docs.microsoft.com/en-us/azure/active-directory/fundamentals/users-default-permissions