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NEW QUESTION: 1
Exhibit #1:

Exhibit #2:

View the Exhibit exhibit1 to observe the maintenance window property. View the Exhibit exhibit2 to examine the output of the query.
Which two statements describe the conclusions? (Choose two.)
A. RESOURCE_PERCENTAGE should be increased.
B. The window duration should be increased.
C. RESOURCE_PERCENTAGE should be decreased.
D. The repeat time for the window should be decreased.
Answer: A,B

NEW QUESTION: 2
Which of the following statements is true:
I. Recovery rate assumptions can be easily made fairly accurately given past data available from credit rating agencies.
II. Recovery rate assumptions are difficult to make given the effect of the business cycle, nature of the industry and multiple other factors difficult to model.
III. The standard deviation of observed recovery rates is generally very high, making any estimate likely to differ significantly from realized recovery rates.
IV. Estimation errors for recovery rates are not a concern as they are not directionally biased and will cancel each other out over time.
A. II and III
B. III and IV
C. I, II and IV
D. II and IV
Answer: A
Explanation:
Explanation
Recovery rates vary a great deal from year to year, and are difficult to predict. Therefore statement III is true.
Similarly, any attempt to predict these is hamstrung by a high standard error, which can be as high as the historical mean itself. The error does not cancel itself out due to the effect of the business cycle making the error directionally biased. Thus statement IV is false.
Statement II is true as these are all factors that make forecasting recovery rates for any credit risk model rather difficult. Statement I is false because recovery rates are difficult to predict and assumptions are not easy to make.

NEW QUESTION: 3

A. Option A
B. Option C
C. Option D
D. Option B
Answer: A