# FRM练习题考生在备考中不能忽视！

• 考纲对比
• 学习计划
• 思维导图
• 复习资料
• 历年真题
• 词典及公式

Which of the following statements regarding verification of a VaR model by examining its failure rates is false?

》》》2022年新版FRM一二级内部资料免费领取！【精华版】

A) The frequency of exceptions should correspond to the confidence level used for the model.

B) According to Kupiec (1995), we should reject the hypothesis that the model is correct if the LF>3.84.

C) Backtesting VaR models with lower confidence levels is difficult because the number of exceptions is not high enough to provide meaningful information.

D) The range for the number of exceptions must strike a balance between the chances of rejecting an accurate model (a Type I error) and the chance of accepting an inaccurate model (a Type II error).

You are backtesting a VaR model. Which of the following statements is (are) correct?

I. The probability of rejecting an accurate VaR model is a Type II error.

II. The probability of accepting an inaccurate model is a Type I error.

A) Both I and II.

B) I only.

C) Neither I nor II.

D) II only.

AType I error occurs when a risk model is:

A) Accepted when it is accurate.

B) Accepted when it is inaccurate.

C) Rejected when it is accurate.

D) Rejected when it is inaccurate.

FRM练习题