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NEW QUESTION: 1
Two staff nurses were considered for promotion to head nurse. The promotion is announced via a memo on the unit bulletin board. The nurse who was not promoted tells a friend, "Oh, well, I really didn't want the job anyway." This is an example of:
A. denial.
B. rationalization.
C. compensation.
D. projection.
Answer: B
Explanation:
This is called the sour grapes form of rationalization. Rationalization is an unconscious form of self-deception in which excuses are made. Denial is an unconscious process that ignores the existence of the situation. Projection operates unconsciously and results in blaming behavior. Compensation is an attempt to make up for a perceived weakness by emphasizing a strong point.Psychosocial Integrity

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A team finds bugs in a feature.
What is the best action to take?
A. Create a task "Correct bugs" and estimate it.
B. Create a User Story "As a client I want a zero defect product" and estimate it.
C. Create a User Story "As a client I want a zero defect product" and let the Product Owner prioritize it.
D. Create a task "Correct bugs" and let the Product Owner prioritize it.
Answer: A

NEW QUESTION: 3
A risk analyst analyzing the positions for a proprietary trading desk determines that the combined annual variance of the desk's positions is 0.16. The value of the portfolio is $240m. What is the 10-day stand alone VaR in dollars for the desk at a confidence level of 95%? Assume 250 trading days in a year.
A. 0
B. 1
C. 2
D. 3
Answer: D
Explanation:
Explanation
The z value at the 95% confidence level is 1.64. Since the variance is 0.16, the annual volatility is 40%.
Therefore the daily volatility is 40% x 10/250 = 8%. The VaR therefore is 8% x 1.64 x $240m = $31,488,000