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  • Vendor : Oracle
  • Certifications : Oracle Service Cloud Cross-Channel Contact Center
  • Exam Name : Oracle Service Center 2020 Implementation Essentials
  • Exam Code : 1Z0-1038-20
  • Total Questions : 376 Q&As
+ $7.00
+ $10.00
What is VCE Simulator?
VCE Exam Simulator is a test engine designed specifically for certification exam preparation. It allows you to create, edit, and take practice tests in an environment very similar to an actual exam.


What is VCE Simulator?
VCE Exam Simulator is a test engine designed specifically for certification exam preparation. It allows you to create, edit, and take practice tests in an environment very similar to an actual exam.

Description

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    NEW QUESTION: 1
    Drag and drop the ACI objects from the left onto their definition on the right.

    Answer:
    Explanation:



    NEW QUESTION: 2
    Which utility operation should an administrator perform within Symantec Backup Exec 2014 when adding new media to a device?
    A. Catalog
    B. Inventory
    C. Label
    D. Import
    Answer: B
    Explanation:
    Topic 6, Describe how to manage backup sets and media rotation

    NEW QUESTION: 3
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    Answer: A,B

    NEW QUESTION: 4
    If the cumulative default probabilities of default for years 1 and 2 for a portfolio of credit risky assets is 5% and 15% respectively, what is the marginal probability of default in year 2 alone?
    A. 10.53%
    B. 11.76%
    C. 10.00%
    D. 15.79%
    Answer: A
    Explanation:
    Explanation
    One way to think about this question is this: we are provided with two pieces of information: if the portfolio is worth $100 to start with, it will be worth $95 at the end of year 1 and $85 at the end of year 2. What it is asking for is the probability of default in year 2, for the debts that have survived year 1. This probability is
    $10/$95 = 10.53%. Choice 'b' is the correct answer.
    Note that marginal probabilities of default are the probabilities for default for a given period, conditional on survival till the end of the previous period. Cumulative probabilities of default are probabilities of default by a point in time, regardless of when the default occurs. If the marginal probabilities of default for periods 1, 2... n are p1, p2...pn, then cumulative probability of default can be calculated as Cn = 1 - (1 - p1)(1-p2)...(1-pn). For this question, we can calculate the probability of default for year 2 as [1 - (1 - 5%)(1 - 10.53%)] = 15%.


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