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NEW QUESTION: 1
A. Option B
B. Option D
C. Option A
D. Option C
Answer: C
NEW QUESTION: 2
You have an Azure Machine Learning model that is deployed to a web service.
You plan to publish the web service by using the name ml.contoso.com.
You need to recommend a solution to ensure that access to the web service is encrypted.
Which three actions should you recommend? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
A. Obtain an SSL certificate
B. Update DNS
C. Create an Azure Key Vault
D. Add a deployment slot
E. Generate a shared access signature (SAS)
F. Update the web service
Answer: A,B,F
Explanation:
Explanation
The process of securing a new web service or an existing one is as follows:
1. Get a domain name.
2. Get a digital certificate.
3. Deploy or update the web service with the SSL setting enabled.
4. Update your DNS to point to the web service.
Note: To deploy (or re-deploy) the service with SSL enabled, set the ssl_enabled parameter to True, wherever applicable. Set the ssl_certificate parameter to the value of the certificate file and the ssl_key to the value of the key file.
References:
https://docs.microsoft.com/en-us/azure/machine-learning/service/how-to-secure-web-service
NEW QUESTION: 3
Where futures are being used to hedge a commodities position, which of the following formulae should be used to determine the number of futures contracts to buy (or sell)?
A. Minimum Variance Hedge Ratio x Dollar Value of Position / Dollar Value of Single Futures Contract
B. Minimum Variance Hedge Ratio x Units in Position Held / Units in Single Futures Contract
C. Minimum Variance Hedge Ratio
D. Minimum Variance Hedge Ratio x Dollar Value of Position / Units in a Single Futures Contract
Answer: A
Explanation:
Explanation
When using a futures contract to hedge a position, the correct way to determine the number of futures contracts to use is to use the following formula. This adjusts for the 'tailing the hedge' adjustment required as a result of the daily settlement feature of futures contracts.
Minimum Variance Hedge Ratio x Dollar Value of Position / Dollar Value of Single Futures Contract When using forward contracts to hedge a position, no adjustment to tail the hedge is required (as settlement happens only at the end), and the number of units of the exposure when compared to the number of units per contract should be used. The formula in the case of forward contracts is:
Minimum Variance Hedge Ratio x Units in Position Held / Units in Single Futures Contract In practice however, the difference between the above two formulae is de-minimis; and for the exam you should be okay to use either of the above two to determine the number of contracts - unless the question is directed to testing your knowledge of the 'tailing the hedge' adjustment.
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