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NEW QUESTION: 1
Which of the following statements is true in relation to a normal mixture distribution:
I. Normal mixtures represent one possible solution to the problem of volatility clustering II. A normal mixture VaR will always be greater than that under the assumption of normally distributed returns III. Normal mixtures can be applied to situations where a number of different market scenarios with different probabilities can be expected
A. II and III
B. I and II
C. III
D. I, II and III
Answer: C
Explanation:
Explanation
Normal mixtures address fat or heavy tails, not volatility clustering. Therefore statement I is not correct.
Statement II is not correct. Where VaR is calculated at low levels of confidence, VaR based on normal mixtures may be lower than that under a normal assumption. This is no different than for other fat tailed distributions.
Statement III is correct. In situations where multiple market scenarios can unfold with a given probability, and each scenario is normal, we can express the result with a normal mixture where the underlying normal distributions have the probabilities of the different scenarios.
NEW QUESTION: 2
By default the LDAP task listens for non-SSL LDAP client requests over which TCP/IP port?
A. 0
B. 1
C. 2
D. 3
Answer: D
NEW QUESTION: 3
A. Option A
B. Option B
C. Option C
D. Option D
Answer: C
NEW QUESTION: 4
An Avaya Oceana administrator wants to add a new Avaya Oceana agent. Prior to adding, the administrator logs in to the Communication Manager and finds that the new agent ID is already present In the "list agent-loginlD" output.
Which action can be performed by the administrator to successfully add the new agent to Avaya Oceana?
A. Over write the Agent ID using Avaya Control Manager while adding the Avaya Oceana user.
B. Remove the Agent ID from Communication Manager.
C. Add the new Avaya Oceana agent using Control Manager.
D. No action; the Agent ID is not required while adding an Avaya Oceana user In the Control Manager.
Answer: C