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NEW QUESTION: 1

A. Option E
B. Option A
C. Option C
D. Option B
E. Option D
Answer: C
Explanation:
* In most cases, ADDM output should be the first place that a DBA looks when notified of a performance problem.
* Performance degradation of the database occurs when your database was performing optimally in the past, such as 6 months ago, but has gradually degraded to a point where it becomes noticeable to the users. The Automatic Workload Repository (AWR) Compare Periods report enables you to compare database performance between two periods of time.
While an AWR report shows AWR data between two snapshots (or two points in time), the AWR Compare Periods report shows the difference between two periods (or two AWR reports with a total of four snapshots). Using the AWR Compare Periods report helps you to identify detailed performance attributes and configuration settings that differ between two time periods.
Reference: Resolving Performance Degradation Over Time

NEW QUESTION: 2
Millennium Investments (MI), an investment advisory firm, relies on mean-variance analysis to advise its clients. Mi's advisors make asset allocation recommendations by selecting the mix of assets along the capital allocation line that is most appropriate for each client.
One of MPs clients, Edward Alverson, 60 years of age, requests an analysis of four risky mutual funds (Fund W, Fund X, Fund Y, and Fund Z). After examining the four funds, MI finds that all four mutual funds are equally weighted portfolios, and that all of the funds, except Fund Z, are mean-variance efficient. MI also finds that the correlations between all pairs of the mutual funds are less than one.
MI calculates the average variance of returns across all assets within each mutual fund, the average covariance of returns across all pairs of assets within each mutual fund, and each mutual fund's total variance of returns. The results of Mi's calculations are reported in Exhibit 1.

During his meeting with the MT advisors, Alverson explains that he will retire soon, and, consequently, is highly risk-averse. Alverson agrees with Mi's reliance on mean-variance analysis and makes the following statements:
Statement 1: All portfolios lying on the minimum variance frontier are desirable portfolios.
Statement 2: Because I am highly risk-averse, I expect that my investment portfolio on the capital allocation line will have risk and return equal to that of the global minimum variance portfolio.
MI operates under the assumption that all investors agree on the forecasts of asset expected returns, variances, and correlations. Based on these assumptions, MI created the Millennium Investments 5000 Fund (MI-5000), which is a market value-weighted portfolio of all assets in the market. MI derives the forecasts for the MI-5000 Fund and for a fund comprising short-term government securities shown in Exhibit 2.

After assessing Alverson's level of risk aversion, Mi's advisors determine that the appropriate standard deviation for Alverson's investment portfolio equals 12%, and that Alverson can achieve his target standard deviation though appropriate allocations to the MI-5000 Fund and to the Government Securities Fund.
Of the four mutual funds listed in Exhibit 1, which is most likely to include the largest number of assets?
A. Fund W.
B. Fund X.
C. Fund Z.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The variance for an equally-weighted portfolio approaches the average covariance of the assets in the portfolio as the number of assets in the portfolio increases. Of the four portfolios, Fund Ws variance is closest to its average asset covariance. While not necessary to answer this question, we could derive the exact number of assets in each portfolio using the formula for the variance of an equally weighted portfolio:

Therefore, the variance of an equally weighted portfolio approaches the average covariance as n gets large. (Study Session 18, LOS 64.d)

NEW QUESTION: 3
A 52-year-old woman was referred to the clinic having lost 3-4 kg in weight over the previous 3 months. She also had palpitations and a sense of tremulousness. A diagnosis of thyrotoxicosis was confirmed by a blood test arranged by her general practitioner (GP).
Investigations (arranged by GP):
serum thyroid-stimulating hormone<0.01 mU/L (0.4-5.0)
serum free T435.8 pmol/L (10.0-22.0)
serum free T310.0 pmol/L (3.0-7.0)
On examination at her first clinic visit, she had a fine tremor, her pulse was 92 beats per minute and regular, and her eyes appeared normal. Her right thyroid lobe was moderately enlarged, and her left lobe was normal on examination. There was no associated lymphadenopathy. A technetium-99m thyroid isotope uptake scan was arranged (see image).

What is the most likely cause of her thyrotoxicosis?
A. Graves' disease
B. toxic multinodular goitre
C. factitious thyrotoxicosis
D. de Quervain's thyroiditis
E. toxic thyroid adenoma
Answer: A

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