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NEW QUESTION: 1
CORRECT TEXT
A pulmonary function technologist is reviewing results of a recent mechanical diffusion simulation using a 3-liter syringe. The test was conducted at a room temperature of 22 C.
The following BTPS results were reported:

Which of the following should the technologist do?
A. Change the calibration gases.
B. Recalibrate the gas analyzer.
C. Proceed with testing.
D. Recalibrate the pneumotachometer.
Answer: C

NEW QUESTION: 2
The overhead ratio is a factor that affects the error correction capability of FEC technology. Generally, under the same FEC encoding/decoding algorithm, the higher the overhead ratio, the greater the net coding benefit.
A. TRUE
B. FALSE
Answer: A

NEW QUESTION: 3
You are considering a portfolio only of long positions not involving leverage and have the following information:
Stock | Expected Return | Variance | Correlation
1 |15% | 100 | R1,2 = 0.6 2 |18% | 64 | R1,3 = 0.2 3 |24% | 400 | R2,3 = -1.0
Without doing any calculations, what is the correct statement about the risk of a portfolio consisting of these three stocks?
A. The portfolio standard deviation could be larger than 20%.
B. The portfolio standard deviation could be less than 8%.
C. The portfolio standard deviation must be between 8% and 20%.
Answer: B
Explanation:
The portfolio's standard deviation could be less than the lowest individual security's standard deviation of 8% because the correlation coefficients are all less than +1.0.