Official Bank 0/132

Exam II: Mathematical Foundations of Risk Measurement (8002) - PRMIA Exam Questions

Last updated on June 20, 2026

97% Exam Compliance
132 Total Questions
1
Question
What is the 40th term in the following series: 4, 14, 30, 52, …?
Options
A 4598
B 240
C 4960
D 4840
Discussion (0 comments)

to join the discussion

Community Discussion

No discussions yet. Be the first to ask!

2
Question
The gradient of a smooth function is
Options
A matrix of second partial derivatives of a function
B a vector that shows the direction of fastest change of a function
C infinite at a maximum point
D a matrix containing the function's second partial derivatives
Discussion (0 comments)

to join the discussion

Community Discussion

No discussions yet. Be the first to ask!

3
Question
You work for a brokerage firm that charges its client x per share. The volume of trade of a client of type A depends on the per share commission in the following manner. If the commission is x, the client of type A will trade e-ax shares on average each week. What is the optimal commission x that maximizes the income from client A, noting that a is greater than zero?
Options
A a
B 1
C a2
D 42
Discussion (0 comments)

to join the discussion

Community Discussion

No discussions yet. Be the first to ask!

4
Question
Let N(.) denote the cumulative distribution function of the standard normal probability distribution,
and N' its derivative. Which of the following is false?
Options
A N'(0) ≥ 0
B N(0) = 0.5
C N'(x) → 0 as x → ∞
D N(x) → 0 as x → ∞
Discussion (0 comments)

to join the discussion

Community Discussion

No discussions yet. Be the first to ask!

5
Question
An indefinite integral of a polynomial function is
Options
A always increasing
B always positive
C none of the above
D always less than the function itself
Discussion (0 comments)

to join the discussion

Community Discussion

No discussions yet. Be the first to ask!

Finish Practice?

Are you sure you want to finish? This will end your practice session.