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NEW QUESTION: 1
Which of the following statements is (are) true with respect to the relation between a statistical decision and an economic decision?
I). Both methods of analysis should lead to the same conclusion.
II). Once the null hypothesis has been accepted using statistical methods, the analyst should not override that conclusion.
III When both a statistical analysis and an economic analysis support the same conclusion it would be very imprudent to reject
III). When both a statistical analysis and an economic analysis support the same conclusion, it would be very imprudent to reject that conclusion.
IV). If both methods of analysis lead to different conclusions, the proper course of action would be to run the statistical analysis again using a different confidence interval.
A. III and IV.
B. III.
C. I and II.
Answer: B
Explanation:
I is incorrect because statistical methods do not involve the same degree of judgment as does economic decision making.
II is not true because sometimes, even if the null hypothesis has been accepted, it may not make sense on an economic basis, in which case, the analyst would be correct in ignoring the statistical analysis.
IV would not be acceptable since changing the confidence intervals after the fact would be an exercise in bias.
NEW QUESTION: 2
Click on the Exhibit Button to view the Formula Sheet. Under which circumstances are banks allowed to park positions with a counterparty?:
A. It is forbidden to park positions.
B. In conditions of exceptional volatility.
C. If the two counterparties agree.
D. If approved by senior management.
Answer: A
NEW QUESTION: 3
Which storage interconnect technology does Component 2 provide in the environment show in the exhibit?
A. SAN
B. NAS
C. DAS
D. Infiniband
Answer: A