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NEW QUESTION: 1
Which four are key features of Oracle Integration Cloud Enterprise (OIC)?
A. Data stream analytics
B. Enterprise service Bus (ESB)
C. Application Integration
D. Web and Mobile application creation
E. Business process automation
F. Business to Business (B2B)
Answer: A,B,C,D

NEW QUESTION: 2
What is the default size limitation for a SavVol?
A. 10% of the total disk space available
B. 20% of the total disk space available
C. 20% of the production file system disk usage
D. 20 GB of the production file system disk usage
Answer: B

NEW QUESTION: 3
Which VNX local protection product provides redirect on writes, point-in-time copies for block LUNs?
A. RecoverPoint/SE CDP
B. VNX Snapshots
C. SnapView
D. SnapSure
Answer: B

NEW QUESTION: 4
Which of the following statements are true in relation to Historical Simulation VaR?
I. Historical Simulation VaR assumes returns are normally distributed but have fat tails II. It uses full revaluation, as opposed to delta or delta-gamma approximations III. A correlation matrix is constructed using historical scenarios IV. It particularly suits new products that may not have a long time series of historical data available
A. I and IV
B. II
C. A
D. All of the above
E. II and III
Answer: C
Explanation:
Explanation
Historical Simulation VaR is conceptually very straightforward: actual prices as seen during the observation period (1 year, 2 years, or other) become the 'scenarios' forming the basis of the valuation of the portfolio. For each scenario, full revaluation is performed, and a P&L data set becomes available from which the desired loss quantile can be extracted.
Historical simulation is based upon actually seen prices over a selected historical period, therefore no distributional assumptions are required. The data is what the data is, and is the distribution. Statement I is therefore not correct.
It uses full revaluation for each historical scenario, therefore statement II is correct.
Since the prices are taken from actual historical observations, a correlation matrix is not required at all.
Statement III is therefore incorrect (it would be true for Monte Carlo and parametric Var).
Historical simulation VaR suffers from the limitation that if enough representative data points are no available during the historical observation period from which the scenarios are drawn, the results would be inaccurate.
This is likely to be the case for new products. Therefore Statement IV is incorrect.