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NEW QUESTION: 1
Which analytical tool indicates the changes that would produce the greatest improvement?
A. Pareto chart
B. Ishikawa diagram
C. stratification chart
D. histogram
Answer: A
Explanation:
Explanation: A Pareto chart indicates the changes that will produce the greatest improvement. This chart looks like a combination of a bar graph and a line graph. The bars indicate the various causes of a particular problem, while the line indicates the improvement that would result from eliminating each of these causes. This chart is based on the Pareto principle, which is that 80% of the inefficiencies in a process can be removed by changing only 20% of the causes. In other words, a few causes have outsized influence on the process. A histogram, on the other hand, is used to identify patterns in seemingly random events. A stratification chart breaks a complex problem down into its constituent elements. An Ishikawa diagram, otherwise known as a causeandeffect diagram, illustrates all of the steps in a process, with the aim of identifying redundancies and inefficiencies.

NEW QUESTION: 2
What metrics would you expect to come from the Incident Management process?
A. Number of escalations logged in the Incident lifecycle
B. Incidents outstanding by resolver group
C. Percentage of Incidents resolved out-of-hours
D. Number of Incidents closed on the first call
Answer: C

NEW QUESTION: 3
Between two options positions with the same delta and based upon the same underlying, which would have a smaller VaR?
A. both positions would have an identical VaR
B. the position with a higher theta
C. the position with a lower gamma
D. the position with a higher gamma
Answer: D
Explanation:
Explanation
The second order approximation of the VaR of an options position is given by [Option delta x Underlying's VaR - Option gamma/2 x (Underlying's VaR)