PMI CPMAI Q&A - in .pdf

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  • Exam Name: Cognitive Project Management in AI (PMI-CPMAI)
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  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
What provides the ability to automatically relocate extents across physical storage drives over the entire pool when new drives are added to the pool?
A. Automated extent tiering
B. Storage pool rebalancing
C. Extent relocation
D. Storage pool tiering
Answer: B

NEW QUESTION: 2

A. ipconfig / ifconfig
B. ping
C. tracert / traceroute
D. telnet
Answer: C

NEW QUESTION: 3
Geneva Management (GenM) selects long-only and long-short portfolio managers to develop asset allocation recommendations for their institutional clients.
GenM Advisor Marcus Reinhart recently examined the holdings of one of GenM's long-only portfolios actively managed by Jamison Kiley. Reinhart compiled the holdings for two consecutive non-overlapping five year periods. The Morningstar Style Boxes for the two periods for Kiley's portfolio are provided in Exhibits 1 and 2.
Exhibit 1: Morningstar Style Box: Long-Only Manager for Five-Year Period 1

Exhibit 2: Morningstar Style Box: Long-Only Manager for Five-Year Period 2

Reinhart contends that the holdings-based analysis might be flawed because Kiley's portfolio holdings are known only at the end of each quarter. Portfolio holdings at the end of the reporting period might misrepresent the portfolio's average composition. To compliment his holdings-based analysis, Reinhart also conducts a returns-based style analysis on Kiley's portfolio. Reinhart selects four benchmarks:
1. SCV: a small-cap value index.
2. SCG: a small-cap growth index.
3. LCV: a large-cap value index.
4. LCG: a large-cap growth index.
Using the benchmarks, Reinhart obtains the following regression results:
Period 1: Rp = 0.02 + H0.01(SCV) + 0.02(SCG) + 0.36(LCV) + 0.61(LCG)
Period 2: Rp = 0.02 + 0.01(SCV) + 0.02(SCG) + 0.60(LCV) + 0.38(LCG)
Kiley's long-only portfolio is benchmarked against the S&P 500 Index. The Index's current sector allocations are shown in Exhibit 3.
Exhibit 3: S&P 500 Index Sector Allocations

GenM strives to select managers whose correlation between forecast alphas and realized alphas has been fairly high, and to allocate funds across managers in order to achieve alpha and beta separation. GenM gives Reinhart a mandate to pursue a core-satellite strategy with a small number of satellites each focusing on a relatively few number of securities.
In response to the core-satellite mandate, Reinhart explains that a Completeness Fund approach offers two advantages:
Advantage 1: The Completeness Fund approach is designed to capture the stock selecting ability of the active manager, while matching the overall portfolio's risk to its benchmark.
Advantage 2: The Completeness Fund approach allows the Fund to fully capture the value added from active managers by eliminating misfit risk.
Which one of the following statements about Kiley's long-only portfolio is most correct1? Kiley's portfolio:
A. attempts to earn a positive alpha through security selection.
B. is only exposed to systematic risk.
C. is only exposed to unsystematic risk.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The way a long-only portfolio earns a positive alpha is through the selection of undervalued securities.
Stock selection is how Kiley generates his performance. Kiley's portfolio is potentially exposed to both systematic and unsystematic risk. (Study Session ll.LOS33.rn)

NEW QUESTION: 4
Your on-premises network contains an Active Directory domain named adatum.com that is synced to Azure Active Directory (Azure AD). Password writeback is disabled.
In adatum.com, you create the users shown in the following table.
Which users must sign in from a computer joined to adatum.com?
A. User1 and User3 only
B. User2 only
C. User2 and User3 only
D. User1, User2, and User3
E. User1 only
Answer: E
Explanation:
Explanation
Password writeback is a feature enabled with Azure AD Connect that allows password changes in the cloud to be written back to an existing on-premises directory in real time.
References:
https://docs.microsoft.com/en-us/azure/active-directory/authentication/concept-sspr-writeback

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