Exam Code: L4M4
Exam Name: Ethical and Responsible Sourcing
Version: V13.25
Q & A: 72 Questions and Answers
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About CIPS L4M4 exam, each candidate is very confused.
NEW QUESTION: 1
You are evaluating 5 portfolio managers (A, B, C, D, and E) whose Sharpe ratios are 0.25, 0.41, 0.92,
0.78, and 0.51, respectively. Which manager would most risk-averse investors prefer?
A. E.
B. A.
C. None of these answers is correct.
D. C.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The Sharpe measure of risk-adjusted performance is equal to (rbar_p - rbar_f)/sigma_p, where rbar_p is the mean portfolio return, rbar_f is the mean risk-free return, and sigma_p is the standard deviation of portfolio return. Thus, the manager with the highest Sharpe ratio is generating the largest return in excess of the risk free rate, per unit of risk assumed. This is manager C, with a Sharpe ratio of 0.92.
NEW QUESTION: 2
A report definition can be referenced by all of the following rule types, except? (Choose One)
A. Declare Pages
B. Data Transforms
C. Sections
D. Report Definitions
Answer: B
NEW QUESTION: 3
A. Option B
B. Option D
C. Option C
D. Option A
Answer: A
NEW QUESTION: 4
Your website has a chatbot to assist customers.
You need to detect when a customer is upset based on what the customer types in the chatbot.
Which type of AI workload should you use?
A. semantic segmentation
B. regression
C. anomaly detection
D. natural language processing
Answer: D
Explanation:
Explanation
Natural language processing (NLP) is used for tasks such as sentiment analysis, topic detection, language detection, key phrase extraction, and document categorization.
Sentiment Analysis is the process of determining whether a piece of writing is positive, negative or neutral.
Reference:
https://docs.microsoft.com/en-us/azure/architecture/data-guide/technology-choices/natural-language-processing
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