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Vendor: GARP

Exam Code: 2016-FRR Dumps

Questions and Answers: 104

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NEW QUESTION: 1
Which statement best describes a SAP?
A. The Service Access Point is defined on the P device and is the customers access to the service.
B. The Service ATM Point is used for ATM connections to a PE.
C. The Service Access Point is defined on the PE device and is the customers access to the service.
D. The Service Access Point is defined on the CE device and is the customers access to the service.
Answer: C

NEW QUESTION: 2
A client will move his investment account unless the portfolio manager earns at least a 10 percent rate of return on the account. The rate of return for the portfolio the portfolio manager has chosen has a normal probability distribution with an expected return of 19 percent and a standard deviation of 4.5 percent. What is the probability that the portfolio manager will keep this account?
A. 0.950
B. 0.975
C. 1.000
Answer: B
Explanation:
As a rule of thumb, two standard deviations produce a 95% confidence level. Since this question presents a one-tailed test, the probability of falling below the expected value by two standard deviations is 2.5%. Confidence interval = (19% - 10%)/4.5% = 2 standard deviations The frequency of outcomes two standard deviations less than the expected return is 2.28%. Hence, Probability of keeping the account = 1.0000 - 0.0228 = 0.9772, closest to 0.975.

NEW QUESTION: 3
Refer to the exhibit.

Which proposal does the exhibit describe?
A. account plan
B. technical reference architecture
C. technology project plan
D. business roadmap
Answer: D


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