Question
The Board of the Bank had set the tolerance levels for
the interest rate risk. The bank assesses and monitors the risk against the guidelines. Who should they report to about any deviations?Solution
The Board of Directors are responsible for monitoring and assessing the risks of the Bank, setting tolerance levels of risk and take corrective actions, when required.
To estimate the average work experience of MBA students at a management institute, five students are selected at random from each type of background, s...
The mean and median of the distribution are 10 and 11 respectively, then the mode equals to
Using the method of semi-averages, secular trend is measured when:
The limits of multiple correlation coefficient R1.23 are:
Completely Randomized Design provides maximum number of degree of freedom for the:
If mean and mode of the distribution is 32 and 21, then the distribution:
The purchasing power of money is equal to:
If r and R denote correlation and multiple correlation coefficient for the data set for X1, X2 and X3 . Which option is correct?

If price-quantity are related for base year (0) and current year (1) are
∑ : p0q0 = 260,∑ : p1q0 = 395,∑ : p0q1 = 264,∑ : p1q1 = 422, t...