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A retail client of yours is interested in knowing how low an annual return a major stock index might have, as a once in a twenty year event. The index in question has had an annual return of 11% with a standard deviation of 22%. You believe these returns have been normally distributed. What is the low return that could be expected once in twenty years?
A. -11.0%.
B. -25.2%.
C. -32.1%.
Answer: B
Explanation:
Once in twenty years is 1/20 = 5%. So the client seeks the 5th percentile return. This could be obtained by computing a 95% confidence interval. However, since our information will be based at the mean, we should seek the 90% confidence interval, where the other 10% is split between the lower and upper bounds of the distribution. That way, we can obtain the lower 5% figure. The lower bound of the
9 0% confidence interval `is 11% - 22%*1.645 = -25.2%.
NEW QUESTION: 2
You are developing an application. The application source has multiple branches.
You make several changes to a branch used for experimentation.
You need to update the main branch to capture the changes made to the experimentation branch and override the history of the Git repository.
Which Git option should you use?
A. Rebase
B. Push
C. Fetch
D. Merge
D18912E1457D5D1DDCBD40AB3BF70D5D
Answer: A
Explanation:
Explanation
https://git-scm.com/book/en/v2/Git-Branching-Rebasing
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A. maximum MCS index
B. MCS15 data rate
C. mandatory rates MCS0-MCS15
D. basic rate 6Mb/s
Answer: A
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