Hi varun34by02, thanks for reminding the Type I/II error question. As I can recall now, it stated that when the significance level increase from 1% to 5% and the sample size increase from 100 to 200, how Type I and Type II errors would change?
The answers are some combinations of I/II...
Hi David, just for your information, yes, they indeed provided a z-table (I think that's the first page of the question manual), like in the Appendix of most stats books.
24. there is a question regarding the power law in operational risk management. The question is roughly:what can the power law do to operational risk management?
My answer was something like to extend the VAR to high confidence level. (cannot recall clearly, hopefully someone else can add more...
6. What did you get at the Binomial Tree question ..., if the stock moves down to 40 ? I think it was 10 ? The questione here was about the value of the option but not today but after the first step if the stock moves down to the calculated stock value.
My answer was also 10! It's an in the...
Hi Ehanif, thank you for your good wish! It's so nice of you! Yes, I made a big blunder, so I'm going to give it another try on Nov. Hope everybody else did well!
Note that first the order here does not correspond to that in the exam, but that in my memory. Second my memory is fading quickly, so all the questions are only approximate and many are incomplete. Nonetheless, I hope it'll a reminder for others to come up with more complete questions.
1...
Hi David, do you know how the GARP grade the exam? I made a very stupid mistake: I forgot to mark my answers onto the answer sheet till the last 5 minutes! I tickered all of them on the question manual. I managed to mark about 80 onto the answer sheet finally. How much chance do I have to pass...
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