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FRM Foundations Of Risk Management Quantitative Methods

Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Two requirements of OVB






2. GEV






3. Discrete random variable






4. Mean reversion in variance






5. WLS






6. Normal distribution






7. Sample correlation






8. Binomial distribution






9. Deterministic Simulation






10. Hazard rate of exponentially distributed random variable






11. Time series data






12. Pooled data






13. Difference between population and sample variance






14. F distribution






15. Beta distribution






16. SER






17. Empirical frequency






18. Simulating for VaR






19. Single variable (univariate) probability






20. Variance of sample mean






21. Implied standard deviation for options






22. Variance - covariance approach for VaR of a portfolio






23. Block maxima






24. Monte Carlo Simulations






25. Exact significance level






26. Variance of X+Y assuming dependence






27. Adjusted R^2






28. K - th moment






29. Four sampling distributions






30. Historical std dev






31. Mean(expected value)






32. Cross - sectional






33. Result of combination of two normal with same means






34. Binomial distribution equations for mean variance and std dev






35. Joint probability functions






36. Homoskedastic only F - stat






37. Multivariate Density Estimation (MDE)






38. Simplified standard (un - weighted) variance






39. i.i.d.






40. Heteroskedastic






41. Sample covariance






42. Law of Large Numbers






43. Mean reversion in asset dynamics






44. Kurtosis






45. GARCH






46. Reliability






47. SER






48. Bootstrap method






49. ESS






50. Skewness