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Welcome to the free practice questions for the EX183 upgrade exam for Red Hat Certified Enterprise Application Developer exam. These questions were hand written with the purpose of complimenting your study material and helping you study for the real exam.

The test is comprised of 15 questions which are randomly selected from a collection of over a hundred. There is no forced time limit but the simulator will keep track of the overall time taken and your final score. For most questions, there are helpful explanations underneath the correct answer, to help you understand the right choice and to learn from any mistakes.

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15 questions
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Helpful explanations


About EX183


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NEW QUESTION: 1
You have a Microsoft 365 subscription.
You need to prevent unmanaged devices from accessing Microsoft OneDrive for Business.
Which admin center should you use?
A. Azure Active Directory
B. Teams & Skype
C. SharePoint
D. Cloud App Security
Answer: A

NEW QUESTION: 2
Lucy Sakata, CFA and Gary Lowenstein, CFA are portfolio managers for the Murray Funds, a provider of investment funds to institutional and wealthy individual investors. Murray frequently indexes in developed markets, but uses full blown active management in less efficient markets and when they think their analysts have a particular expertise. The vast majority of Murray's clients attempt to minimize tracking error.
One of the Murray's funds invests in a Hong Kong index and is marketed as a way for investors to participate in the growth of the Asian economies. The index represents the best known Hong Kong stocks and Murray uses a full replication strategy for the fund. The index is a market cap-weighted index and ten firms represent over 70% of the index's total market cap_Sakata would like to market the Hong Kong fund to institutions with a required minimum investment of $50 million. Many potential clients are institutions who outsource their foreign equity management and are subject to maximum holdings on individual stocks.
Murray also has a Canada fund that invests in an index which represents the 25 largest cap stocks in Canada. It is marketed as a way for investors to exploit the growth in demand for commodities. The index adjusts for stock splits and repurchases as necessary. Most of the index's return has come from capital gains, rather than dividends, due to the tremendous increase in global demand for commodities. To encourage long-term holding, Murray places a back-end load of 3% on fund redemptions that are made within two years of initial investment.
Sakata and Lowenstein discuss the fundamental law of active management and how it applies to three hypothetical managers who invest against the broad large-cap U.S. market, as represented by the S&P
500 index.
* Manager A under-weights and over-weights the 500 individual stocks of the S&P 500 index as she sees appropriate, keeping industry exposures similar to those of the index. She has an information coefficient of
0.05 and is restricted to long-only positions.
* Manager B holds cash and long S&P 500 futures. He tries to generate excess returns by altering the duration of the cash position and has an information coefficient of 0.05.
* Manager C has an information coefficient of 0.07, and she uses a long-short strategy for the 500 stocks in the S&P 500 index.
Sakata is consulting with the trustees of the Powell Foundation. The foundation has a position in the three Murray funds described in Exhibit 1 below.
Exhibit 1: Powell Foundation Holdings

Murray has a value fund that invests in stocks in the U.S. Lowenstein is considering several equity style index providers as a benchmark for the fund. The characteristics of the index providers and the methodologies they use to construct equity style indices are described in Exhibit 2 below.
Exhibit 2: Comparison of Index Providers

In regard to the index providers, Lowenstein makes the following statements:
Statement 1: "I would like to use the indices from either provider in a returns-based style analysis. Based on the information in the table, I believe that if I regress a value manager's returns against Provider B's indices, the manager's selection return will appear artificially large." Statement 2: "If an index provider uses buffering rules, a fund tracking that index will experience lower transactions costs." Assuming that the correlations between the equity managers' active returns are zero, determine which of the following is closest to the information ratio for the Powell Foundation.
A. 1.09.
B. 0.91.
C. 0.74.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The investor's active return is calculated as a weighted average return:
expected active portfolio return = (0.20 x 3.3%) + (0.45 x 1.2%) + (0.35 x 4.5%) = 2.78% To calculate the portfolio active risk, we use the active risks and allocations:
portfolio active risk =(0.20)2(0.053)2 + (0.45)2 (0.036)2 + (0.35)2 (0.067)2
= = 0.0009247 = 0.0304 = 3.04%
The investor's information ratio is then 2.78% / 3.04% - 0.91.
(Study Session 11, LOS 33.q)



Upgrade path


SQL Server 2016 - MCSA Upgrade Path

 

Topics Covered in EX183


As with all upgrades, this exam encompases all of the exam material from the individual Red Hat Certified Enterprise Application Developer exam exams. The three core areas covered are: Red Hat Certified Enterprise Application Developer exam.

A taster of the new features are mentioned above. Many of these topics are tested on the official exam as well as in this practice test.

No Braindumps!


As always, I like to stress that this site does not contain braindumps, EXE files or any other kind of dumps. These are unique handwritten questions, based on the official guidelines from RedHat.

It is always better to study for your exam rather than cheat your way through it. You’ll feel better and above all else - you’ll be smarter for it!!

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