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NEW QUESTION: 1
Which two processes will contribute MOST to enabling effective problem detection?
A. Change and release and deployment management
B. Knowledge and service level management
C. Incident and event management
D. Incident and financial management
Answer: C
NEW QUESTION: 2
The current yield on a bond fund refers to
A. the percentage increase in the fund's net asset value.
B. the total return that the fund has earned over the most recent 12 month period.
C. the return that the fund earned because of the capital appreciation of the securities in the fund.
D. the return that the fund earned based only on the interest income it received
Answer: D
Explanation:
The current yield on a bond fund is the return that the fund earned from interest income only.
The return from interest income plus the return due to the capital appreciation of the securities make up
the total return earned by the fund. The investor's total return is equal to the return on the income received
from the fund plus any change in the net asset value of the fund.
NEW QUESTION: 3
An insurance agent has appointments with four prospective clients tomorrow. From past experience the agent knows that the probability of making a sale on any appointment is 1 out of 5. Using the rules of probability, what is the likelihood that the agent will sell a policy to 3 of the 4 prospective clients?
A. 0.026
B. 0.250
C. 0.410
Answer: A
Explanation:
This is a binomial probability. The probability of getting r successes out of n trials where the probability of success each trial is p and probability of failure each trial is q (where q = 1-p) is given by:
r (n-r) 3 1
n!(p )[q ]/r!(n-r)!. Here n = 4, r = 3,p = 0.20 and q = 0.80. Therefore we have 4!(0.2 )(0.8 )/3!1! = 0.026.
NEW QUESTION: 4
Activities are both Tasks and Calendars
A. True
B. False
Answer: A
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