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NEW QUESTION: 1
There are three bonds in a diversified bond portfolio, whose default probabilities are independent of each other and equal to 1%, 2% and 3% respectively over a 1 year time horizon. Calculate the probability that none of the three bonds will default.
A. 0.0006%
B. 2%
C. 94%
D. 0.11%
Answer: C
Explanation:
Explanation
The probability that only none of the three bonds will default is equal to the probability of all surviving. Since default correlation is zero, we can simply multiply the probabilities of survival. Therefore the correct answer is
94% = (1 - 1%) * (1 - 2%) * (1 - 3%)
NEW QUESTION: 2
What airway opening maneuver should be used on a man that has fallen off a ladder and is suffering from respiratory distress?
A. Bite Block
B. Head Tilt - Chin Lift
C. Intubation
D. Jaw Thrust
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The "Jaw Thrust" maneuver should be used to open the airway of any patient who has suffered a traumatic injury
NEW QUESTION: 3
A client has requested that proof of OCR accuracy of the proposed solution be provided. The client is convinced that since the OCR engine has 99% accuracy, indexing is not necessary. To provide justification for including indexing in the solution, seven pages (with each page having 5,000 characters) have been scanned. How many characters will NOT be accurately recognized?
A. 0
B. 1
C. 2
D. 3
Answer: D
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