Which of the following is true of the historical simulation method for calculating VaR?
A. It fits historical data on the behavior of variables to a normal distribution
B. It fits historical data on the behavior of variables to a lognormal distribution
C. It assumes that what will happen in the future is a random sample from what has happened in the past
D. It uses Monte Carlo simulation to create random future scenarios
C
The historical simulation method assumes that the percentage changes in all market variables during the next day is a random sample from the percentage changes in a certain number of past days.
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When integrating a visual into the text,
A) place all visuals at the end of the text in an appendix. B) avoid the use of titles or other descriptors. C) switch back and forth between visuals and words. D) refer to the visuals in the text. E) use sidebars.
______ is the development of new or improved goods or services that are sold to meet customer needs, while ______ focuses on the enhancement and reuse of existing products and processes.
What will be an ideal response?
__________is the cost of reaching one member of the target market
Fill in the blanks with correct word.
The four growth strategies outlined in the text are: penetration strategy, customer development strategy, service development strategy, and diversification strategy.
Answer the following statement true (T) or false (F)