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NEW QUESTION: 1
Which of the following are best practices towards enhancing productivity?
Select all that apply:
A. Roll-up summaries
B. Minimize clicks
C. Shortcuts
D. Cross object formulas
E. Tagging
F. Hotkeys
G. Auto complete lookups
H. Inline editing
Answer: A,B,C,D,E,F,G,H

NEW QUESTION: 2
You are configuring a Cisco UCS port channel. Drag and drop the description from the left onto the correct port channel types on the right.

Answer:
Explanation:

Explanation


NEW QUESTION: 3
A portfolio has two loans, A and B, each worth $1m. The probability of default of loan A is 10% and that of loan B is 15%. The probability of both loans defaulting together is 1%. Calculate the expected loss on the portfolio.
A. 0
B. 1
C. 2
D. 3
Answer: B
Explanation:
Explanation
The easiest way to answer this question is to ignore the joint probability of default as that is irrelevant to expected losses. The joint probability of default impacts the volatility of the losses, but not the expected amount. One way to think about it is to think of asset portfolios, where diversification reduces risk (ie standard deviation) but the expected returns are nothing but the average of the expected returns in the portfolio. Just as the expected returns of the portfolio are not affected by the volatility or correlations (these affect standard deviation), in the same way the joint probability of default does not affect the expected losses. Therefore the expected losses for this portfolio are simply $1m x 10% + $1m x 15% = $250,000.
This can also be seen from the lens of a joint probability distribution as follows:

There are four possibilities for this portfolio:
- Only loan A defaults: loss of $1m: 9% probability
- Only loan B defaults: loss of $1m: 14% probability
- Both loan A and B default: loss of $2m: 1% probability
- Neither A nor B default: loss of $0m: 76% probability
Therefore the expected losses on the portfolio are ($1m x 9%) + ($1m x 14%) + ($2m x 1%) + ($0m x 76%) =
$250,000.
(Notes: How is the above table calculated? The totals (10%, 90%, 15% and 85%) are filled in first. The top left cell (both A & B default) is given as 1%. We can now calculate the rest of the cells as the totals are known.)

NEW QUESTION: 4
How many document types can be converted by Veritas Enterprise Vault 12.3 indexing?
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B. approximately 400
C. more than 1000
D. less than 100
Answer: B

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