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NEW QUESTION: 1
If the 99% VaR of a portfolio is $82,000, what is the value of a single standard deviation move in the portfolio?
A. 0
B. 1
C. 2
D. 3
Answer: B
Explanation:
Explanation
Remember that VaR is merely a multiple of the portfolio's standard deviation. The multiple is determined by the confidence level, and for a 99% confidence level this multiple is 2.3264 (=-NORMSINV(1%) in Excel).
Therefore one standard deviation at this level of confidence would be equal to VaR/2.3264.
In addition to the Z-value at 99% confidence, you should also remember what the Z value is for a 95% level of confidence, as PRM questions may expect you to know these. The standard Windows calculator allowed in the exam does not allow you to calculate these, so it is safer to just remember these values.

NEW QUESTION: 2
Which command will load a shapefile named states.shp by using the GDAL/ORG command-line utilities? Assume that the database name, username, and password are mvdemo.
A. ogr2ogr -f OCI:mvdemo/mvdemo@mvdemo states.shp
B. gdal_translate -of oracle mvdemo/mvdemo@mvdemo states.shp
C. gdal_translate -of OCI mvdemo/mvdemo@mvdemo states.shp
D. ogr2oracle -f ORACLE mvdemo/mvdemo@mvdemo states.shp
E. ogr2oracle -f OCI mvdemo/mvdemo@mvdemo states.shp
Answer: A
Explanation:
Example
Simple translation of a shapefile into Oracle. The table 'ABC' will be created with the features from abc.shp and attributes from abc.dbf.
% ogr2ogr -f OCI OCI:warmerda/[email protected] abc.shp
References:http://www.gdal.org/drv_oci.html

NEW QUESTION: 3
Which option defines the core set of APIs and features of Java application servers?
A. Java Enterprise Edition
B. Enterprise JavaBeans
C. Java Message Service
D. Java Server Pages
Answer: A

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