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NEW QUESTION: 1
Which of the following statements are correct:
I. A training set is a set of data used to create a model, while a control set is a set of data is used to prove that the model actually works II. Cleansing, aggregating or ensuring data integrity is a task for the IT department, and is not a risk manager's responsibility III. Lack of information on the quality of underlying securities and assets was a major cause of the collapse in the CDO markets during the credit crisis that started in 2007 IV. The problem of lack of historical data can be addressed reasonably satisfactorily by using analytical approaches
A. All of the above
B. I, III and IV
C. II and IV
D. I and III
Answer: D
Explanation:
Explanation
Statement I is correct. Data is often divided into two sets - a 'training set' that is used to create and fine-tune the model while the 'control set' is used to prove that the model works on sample data. Back testing is then perfomed using actual data that becomes available over time, or may already be available as historical data.
Statement II is incorrect. A risk manager often spends a great deal of time in managing data, and ensuring that the data being used is accurate enough for the purpose it is being used for. A risk manager can expect to spend a good part of his or her team's time in cleansing data. While he or she can try to get the IT processes and systems to produce correct data in the first place so it requires minimal subsequent cleansing or validation, this task is likely to remain a key part of a risk manager's role for quite some time in the future given the challenges nearly all organizations face in managing risk data.
Statement III is correct. There was not enough granular data available on the underlying components of some of the derivative debt securities whose markets dried up during the crisis that began in 2007. This was because investors became increasingly unsure of what the value of these securities, such as CDOs was, leading to market seizure and firesale prices.
Statement IV is not correct. There is no easy solution to the lack of enough historical data, which is used to create as well as test models, and construct stress scenarios. Analytical approaches are not a good enough substitute for real market data. During the recent crisis, many instruments had rather short histories and there was not enough data available, and risk managers and portfolio managers relied upon analytical approaches to value and price them. Many of the assumptions that underpinned these approaches were untested in the real world and turned out to be incorrect.
Therefore Choice 'c' is the correct answer and the rest are incorrect.

NEW QUESTION: 2
다음 중 외부 소스 홍수 공격의 영향을 줄이는 가장 좋은 방법은 무엇입니까?
A. 홍수가 끝날 때까지 모든 인바운드 트래픽을 차단합니다.
B. 서비스 제공 업체가 야회 주소를 차단하도록 하십시오.
C. 방화벽에서 야회 주소를 차단하십시오.
D. 야회 서비스 제공 업체가 주소를 차단하도록 하십시오.
Answer: C

NEW QUESTION: 3
A technician is updating firmware on a Windows Server using the Lifecycle Controller following a NIC replacement, but it fails to complete the update on the NIC despite successfully updating other components.
The update's readme confirms that the current version is too old to upgrade with the Lifecycle Controller and an alternative method must be used.
Which three update methods could the technician use to meet this requirement? (Choose three.)
A. Launch Server Update Utility (SUU) from the OS
B. Run a Dell Update Package (DUP) from the OS
C. Create a bootable ISO file with Repository Manager
D. Launch Platform Update from OpenManage Server Administrator
E. Use Update and Rollback within the iDRAC web GUI
Answer: B,C,D

NEW QUESTION: 4
What is GINA?
A. Gateway Interface Network Application
B. Global Internet National Authority (G-USA)
C. GUI Installed Network Application CLASS
D. Graphical Identification and Authentication DLL
Answer: D
Explanation:
In computing, GINA refers to the graphical identification and authentication library, a component of some Microsoft Windows operating systems that provides secure authentication and interactive logon services.

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