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NEW QUESTION: 1
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: C
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: 2

A. static NAT
B. identity NAT
C. dynamic PAT
D. dynamic NAT
Answer: A,D

NEW QUESTION: 3
Which process involves the creation of a document that provides the project manager with the authority to apply resources to a project?
A. Direct and Manage Project Work
B. Develop ProjectCharter
C. Develop Project Management Plan
D. Define Activities
Answer: B

NEW QUESTION: 4
企業は、データをAWSに複製して、災害発生時に復旧したいと考えています。今日、システム管理者は、NFS共有にデータをコピーするスクリプトを持っています。処理のエラーに対処するには、アプリケーション管理者が個々のバックアップファイルに低レイテンシでアクセスする必要があります。
これらの要件を満たすためにソリューションアーキテクトが推奨すべきことは何ですか?
A. データをオンプレミスNFS共有ではなくAmazon S3 Glacierアーカイブにコピーするようにスクリプトを変更します
B. オンプレミスのNFS共有ではなく、AWS Storage Gateway for File Gateway仮想アプライアンスにデータをコピーするようにスクリプトを変更します。
C. オンプレミスのNFS共有ではなく、Amazon Elastic File System(Amazon EFS)ボリュームにデータをコピーするようにスクリプトを変更します。
D. データをオンプレミスNFS共有ではなくAmazon S3バケットにコピーするようにスクリプトを変更します
Answer: B