PRMIA certification practice

8002 Practice Questions

Try 10 free 8002 exam-style questions for PRMIA 8002 certification exam. Check each answer and review the explanation and source references.

Exam code
8002
Provider
PRMIA
Free questions
10
Full set
132 questions
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Our 8002 practice quiz assesses your knowledge across all the core domains of the certification. It covers key concepts, technical configurations, and real-world troubleshooting scenarios. We provide detailed answer explanations for every single one of our 8002 sample questions so you can truly understand the material. For complete preparation, be sure to check out our premium 8002 exam simulator.

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You are investigating the relationship between weather and stock market performance. To do this, you pick 100 stock market locations all over the world. For each location, you collect yesterday's mean temperature and humidity and yesterday's local index return. Performing a regression analysis on this data is an example of…
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An underlying asset price is at 100, its annual volatility is 25% and the risk free interest rate is 5%. A European call option has a strike of 85 and a maturity of 40 days. Its Black-Scholes price is 15.52. The options sensitivities are: delta = 0.98; gamma = 0.006 and vega = 1.55. What is the delta-gamma- vega approximation to the new option price when the underlying asset price changes to 105 and the volatility changes to 28%?
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An asset price S is lognormally distributed if:
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If a random variable X has a normal distribution with mean zero and variance 4, approximately what proportion of realizations of X should lie between -4 and +4?
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If A and B are two events with P(A) = 1/4, P(B) = 1/3 and P(A intersection B) =1/5, what is P(Bc | Ac) i.e. the probability of the complement of B when the complement of A is given?
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Let N(.) denote the cumulative distribution function of the standard normal probability distribution, and N' its derivative. Which of the following is false?
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What is the simplest form of this expression: log2(165/2)
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Which of the following statements about variance and standard deviation are correct? 1. When calculated based on a sample of the population data, one has to correct for any bias in the result by using the number of degrees of freedom in the calculation 2. Variance is in square root units of the underlying data, whereas standard deviation is in units of the underlying data 3. When considering independent variables, variance is additive, while standard deviation is not
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For a quadratic equation, which of the following is FALSE?
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Consider an investment fund with the following annual return rates over 8 years: +6%, -6%, +12%, - 12%, +3%, -3%, +9%, -9% . What can you say about the annual geometric and arithmetic mean returns of this investment fund?
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