Wondering if GARP selects the questions randomly by some program when they set the question paper by each subject as we know each subject has fixed %, or questions are selected manually ?
How do they give weightage to topic per subject? Like Credit Risk and Operational Risks...
Question #5 of 69
A risk manager that wants to incorporate the effect of outliers into hr statistical correlation measures would most likely use:
A) Kendall's T correlation
B) Pearson correlation
C) Ordinal correlation
D) Spearman's rank correlation
Can someone please tell why the answer "A"...
I see section about collateral given in the notes, page 82, section "Impact of collateral on exposure " notes Gregory as below.
"in scenario 5, the posting of collateral creates exposure. In comparison with the
benefits shown in the other scenarios, this is not a particularly significant...