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NEW QUESTION: 1
Conditional VaR refers to:
A. the value at risk estimate for non-normal distributions
B. expected average losses conditional on the VaR estimates not being exceeded
C. expected average losses above a given VaR estimate
D. value at risk when certain conditions are satisfied
Answer: C
Explanation:
Explanation
Conditional VaR is the expected average losses above a given percentile, or a given VaR estimate at the given level of confidence. For example, if we know what the 99% VaR is, we still do not know what we can expect our losses to be if this VaR loss estimate were to be exceeded. Conditional VaR provides the answer to this question by providing an estimate of the average or expected losses beyond 99% mark. Therefore Choice 'c' is the correct answer and the other choices are mostly non-sensical.

NEW QUESTION: 2
The SAS data set WORK STAFF has three variables:
The following SAS program is submitted:

What is the length of the Name variable in the data set WORK STAFF_UPDATE?
A. 0
B. 1
C. 2
D. 3
Answer: A

NEW QUESTION: 3
DRAG DROP


Answer:
Explanation:

NEW QUESTION: 4
----
You are designing a Windows Presentation Foundation (WPF) application by using Microsoft .NET Framework 4 and Microsoft Visual Studio 2010.
You need to ensure that the following requirements are met:
All UI elements are labeled.
All property values are exposed.
Keyboard navigation contains tab stops for all controls.
The application functions on high contrast displays.
Which testing strategy should you recommend?
A. Accessibility testing
B. Stability testing
C. Stress testing
D. Usability testing
Answer: A