Which of the Following Risk Measures Is Not Translation Invariant $r$

question 31

Multiple Choice

Which of the following risk measures is not translation invariant (i.e., does not satisfy the property that if we add a risk-free asset to a portfolio with a return of $r$ , the risk of the portfolio should come down by the extent of this addition) ?

• A) VaR.
• B) Expected shortfall.
• C) Kurtosis.
• D) Standard deviation.

Understand how to rank data and deal with ties in non-parametric tests.

Appreciate the importance of study design in selecting appropriate statistical tests.

Formulate null and alternative hypotheses for non-parametric tests based on study objectives.

Understand the concepts and purposes of different control charts in monitoring production processes.

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Definitions:

Falsely Tells

Communicating untruths or inaccurate information, either knowingly or unintentionally.

Assault

An act of physical attack or a threat of attack that makes another person fear imminent bodily harm.

Batteries

Batteries, in a legal context, refers to the intentional and unlawful physical contact or force against another person; in a general context, it refers to devices that store and provide electrical energy.

Tort Law

The area of law that deals with civil wrongs, not arising from contractual obligations, where an injured party can seek compensation from the party causing the harm.