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NEW QUESTION: 1
You support a database structure shown in the exhibit. (Click the Exhibit button.)
You need to write a query that displays the following details:
* Total sales made by sales people, year, city, and country
* Sub totals only at the city level and country level
* A grand total of the sales amount
Which Transact-SQL query should you use?
A. SELECT SalesPerson.Name, Country, City,
DatePart(yyyy, SaleDate) AS Year, Sum(Amount) AS Total
FROM Sale INNER JOIN SalesPerson
ON Sale.SalesPersonID = SalesPerson.SalesPersonID
GROUP BY ROLLUP(SalesPerson.Name, DatePart(yyyy, SaleDate), City, Country)
B. SELECT SalesPerson.Name, Country, City,
DatePart(yyyy, SaleDate) AS Year, Sum(Amount) AS Total
FROM Sale INNER JOIN SalesPerson
ON Sale.SalesPersonID = SalesPerson.SalesPersonID
GROUP BY CUBE(SalesPerson.Name, Country, City, DatePart(yyyy, SaleDate))
C. SELECT SalesPerson.Name, Country, City,
DatePart(yyyy, SaleDate) AS Year, Sum(Amount) AS Total
FROM Sale INNER JOIN SalesPerson
ON Sale.SalesPersonID = SalesPerson.SalesPersonID
GROUP BY GROUPING SETS((SalesPerson.Name, Country, City, DatePart(yyyy, SaleDate)), (Country, City), (Country), ())
D. SELECT SalesPerson.Name, Country, City,
DatePart(yyyy, SaleDate) AS Year, Sum(Amount) AS Total
FROM Sale INNER JOIN SalesPerson
ON Sale.SalesPersonID = SalesPerson.SalesPersonID
GROUP BY CUBE(SalesPerson.Name, DatePart(yyyy, SaleDate), City, Country)
Answer: C
Explanation:
Be careful with this question, because on exam can be different options for answer.
And none of them is correct: D You should report this question.
NEW QUESTION: 2
What are the options for cloud computing security services? (Multiple choices)
A. The independence and linkage of services
B. Operational Environmental Protection
C. Data protection
D. Safety assessment
Answer: A,B,C,D
NEW QUESTION: 3
Tamara Ogle, CFA, and Isaac Segovia, CAIA, are portfolio managers for Luca's Investment Management (Luca's). Ogle and Segovia both manage large institutional investment portfolios for Luca's and are researching portfolio optimization strategies.
Ogle and Segovia begin by researching the merits of active versus passive portfolio management. Ogle advocates a passive approach, pointing out that on a risk-adjusted basis, most managers cannot beat a passive index strategy. Segovia points out that there will always be a need for active portfolio managers because as prices deviate from fair value, active managers will bring prices back into equilibrium. They determine that Treynor-Black models permit active management within the context of normally efficient markets.
Ogle decides to implement Treynor-Black models in her practice and starts the implementation process. In conversations with her largest client's risk manager, Jim King, FRM, she is asked about separation theorem in relation to active portfolio management. She responds that separation theorem more properly relates to asset prices deviating from and gravitating toward their theoretical fair price. King next asks Ogle about the differences between the Sharpe ratio and the information ratio and the difference between the security market line (SML) and the capital market line (CML).
After reallocating her client portfolios based on using the Treynor-Black model, Ogle discusses the results with Segovia. Ogle states that she is satisfied with the current methodology, but given her preference for passive management, she is still concerned about relying on analyst's forecasts. Segovia tells Ogle that he will research methods for modifying the Treynor-Black model to account for analyst forecasts.
Modifying a Treynor-Black model to account for a lack of precision in an analyst's forecast is most likely to include:
A. adjusting the Treynor-Black actively managed portfolio weights using the square of the correlation between the analyst's forecast and realized alphas.
B. reducing portfolio weights by the reciprocal of the analyst's average alpha forecast error as a percentage of expected excess returns.
C. a correction to the analyst's forecast of alphas based on their prior bias.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
An analyst's forecasting ability can be judged based on past performance. The Treynor-Black weightings within actively managed portfolios can be adjusted based on an analyst's prior forecasting ability. The process is to:
* Collect the time-series alpha forecasts for the analyst.
* Calculate the correlation between the alpha forecasts and the realized alphas.
* Square the correlation to derive the .
* Adjust (shrink) a forecast alpha by multiplying it by the analysts .
(Study Session 18, LOS 67.c)
NEW QUESTION: 4
You want to analyze the root cause of a query that is performing poorly What does SAP recommended that you used in the SAP Hana studio?
Please choose the correct answer.
Response:
A. the expensive statements trace
B. the visualize plan functionality
C. the database trace
D. the prepared statement functionality
Answer: B
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