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NEW QUESTION: 1
If the odds of default are 1:5, what is the probability of default?
A. 12.00%
B. 50.00%
C. 16.67%
D. 20.00%
Answer: C
Explanation:
Explanation
Odds are the ratio between the probability of the occurence of an event to the probability that the event does not occur.
If odds are H, then p = H/(1 + H) and H = p/(1-p). In this case the odds are 1:5, or 1/5, therefore the correct answer is Choice 'a', equal to (1/5)/(1 + 1/5) = 1/6 = 16.67%. All other choices are incorrect.
NEW QUESTION: 2
A. Option C
B. Option E
C. Option B
D. Option D
E. Option A
Answer: C,D,E
Explanation:
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NEW QUESTION: 3
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A. Priority
B. Cost
C. Metric
D. Distance
Answer: A,D
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