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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. LFHS






2. Hazard rate of exponentially distributed random variable






3. Confidence interval for sample mean






4. Variance of X+Y






5. Antithetic variable technique






6. Extending the HS approach for computing value of a portfolio






7. SER






8. Stochastic error term






9. Key properties of linear regression






10. Time series data






11. Cholesky factorization (decomposition)






12. Multivariate Density Estimation (MDE)






13. Efficiency






14. K - th moment






15. Panel data (longitudinal or micropanel)






16. Biggest (and only real) drawback of GARCH mode






17. Weibul distribution






18. Continuous representation of the GBM






19. Test for statistical independence






20. Regime - switching volatility model






21. Exponential distribution






22. Control variates technique






23. Implied standard deviation for options






24. Variance of sample mean






25. Beta distribution






26. Block maxima






27. Implications of homoscedasticity






28. Central Limit Theorem(CLT)






29. Sample covariance






30. Result of combination of two normal with same means






31. Continuously compounded return equation






32. Standard variable for non - normal distributions






33. Sample variance






34. Central Limit Theorem






35. What does the OLS minimize?






36. Variance(discrete)






37. Logistic distribution






38. Confidence interval (from t)






39. Four sampling distributions






40. Reliability






41. Confidence ellipse






42. Exact significance level






43. Significance =1






44. Type I error






45. SER






46. GEV






47. T distribution






48. Variance of sampling distribution of means when n<N






49. P - value






50. Two drawbacks of moving average series