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NEW QUESTION: 1
You want to use the ALTER SYSTEM statement with SCOPE=MEMORY to change an initialization parameter value.
Which is true?
A. It can be used only if a pfile is used
B. The change occurs immediately in memory for dynamic parameters but it is not persistent after instance restart
C. It can be used only if an spfile is used
D. The change occurs immediately in memory for static parameters but it is not persistent after instance restart
Answer: B
Explanation:
Explanation: References:

NEW QUESTION: 2
Sharon Foster, 56, is an executive at a large Biotech firm. Foster plans to retire in five years, to travel and spend time with her grandchildren. Foster is in excellent health, although her husband died several years ago. Foster's only significant asset is her employer's 401(k) retirement plan. Her salary is more than adequate to cover her living expenses until she retires, but she does not anticipate that she will accumulate any additional savings beyond her retirement account. The balance in her account currently is $3.2 million, but Foster estimates that by the time she retires the account will have grown to $4.5 million. She expects that her pretax living expenses, including a liberal travel budget, will be $150,000 per year, beginning when she retires. She is willing to take risk to achieve her financial goals. Her retirement account is currently invested 80% in stocks and 20% in bonds. Foster estimates her post-retirement income tax rate to be 35%, which is about the same as her current tax rate.
As she is starting to plan her retirement, Foster has turned to her longtime friend, Don Welch, CFA, who is a portfolio manager at Scientific Investments, LLC. Welch is considering three different mutual funds for Foster's account. All three are well-diversified funds of large capitalization stocks. The expected returns and standard deviations of each fund are shown below in Exhibit 1. Welch assumes a risk-free rate of return of 3.0%.

Welch believes in stock market efficiency, but he also believes that individual securities are mispriced by the market from time to time. He has recently reviewed research related to the Treynor-Black (TB) model of security selection and portfolio optimization. Welch refers to a prospectus from Fund D, which uses the TB framework in developing its portfolios. In discussing their use of the TB model, the prospectus cites an example where an active portfolio of five stocks is combined with a passive, index portfolio. The portfolio weights of the stocks are in Exhibit 2.

Welch further notes that the beta of the active portfolio is 0.90, although the standard deviation of the portfolio's returns is high. Of the five stocks shown in the portfolio, three have positive alphas, and two have negative alphas. A footnote to the sample data states that the sample assumes that the analysts* alpha forecasts are perfect.
Welch is reviewing Foster's account, together with the mutual fund data, in an attempt to develop a long- term investment plan for Foster.
Foster has been reading some investment literature provided by her employer regarding her retirement account. That literature mentions the Sharpe ratio as a meaningful method to compare investment managers' performance results. If Welch were to select a mutual fund from the alternatives shown in Exhibit 1 based solely on the Sharpe ratio, which fund would he most likely select?
A. Fund A.
B. Fund B.
C. Fund C.
Answer: C
Explanation:
Explanation/Reference:
Explanation:

Explanation: The Sharpc ratio of reward to variability is calculated as:
Fund A = (8.0-3.0)/6.0 = 0.833
Fund B = (10.0 - 3.0) / 8.0 = 0.875
Fund C = (12.0 - 3.0) / 10.0 = 0.900, this is the highest value for the Sharpe ratio so Foster should select Fund C (Study Session 18, LOS 67.a)

NEW QUESTION: 3
Refer to the Exhibit.

An administrator is configuring a storage device as shown in the Exhibit.
What is the expected effect on the stated device after running the command?
A. I/O will rotate on all storage targets that are Active Unoptimized state only.
B. I/O will rotate on all storage targets that are Active Optimized state only.
C. I/O will rotate on all storage targets that are on Available Nodes only.
D. I/O will rotate on all storage targets regardless of port group state.
Answer: B
Explanation:
Explanation/Reference:
Explanation:

Reference: https://pubs.vmware.com/vsphere-50/index.jsp?topic=%2Fcom.vmware.vcli.ref.doc_50%
2Fesxcli_storage.html

NEW QUESTION: 4
Which device is used in wireless networks to send transmissions to a target area?
A. Access point
B. Optical fiber
C. Omni-directional antenna
D. Directional antenna
Answer: D

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