PRM Quizzes & Trivia

Professional Risk Manager’s (PRM) do exactly what the name suggests; they manage risk. Do you think you have what it takes to be a PRM? Are you looking for a career change or is this something you’ve always wanted to do? There is one fun way to find out if you’re ready. Take these quizzes full of helpful practice questions!

PRM’s have to pass a series of four exams to obtain their designation and validation of skills. What is the second exam in the series of four that you have to pass? What is a secondary risk? If management has set a recovery time objective (RTO) for an employee’s process, what does this mean?

What is a recovery point objective (RPO)? True or false: insurance is a way to transfer risk? What is the Delphi technique? Are you ready to take a risk and take these quizzes today?

North Asia2

A mental exercise about the "5 stans" and PRM.

Questions: 10 | Attempts: 36 | Last updated: Feb 14, 2013

Sample Question
Gengghis Khan used this to justify his rule

Kuriltai

Tengri

Xiongnu

Hulegu

PRM Logistic Regression

Questions: 25 | Attempts: 19 | Last updated: Jan 28, 2013

Sample Question
Logistic Regression (LR) is very similar to ___ except the predictors do not need to be ____.

MANOVA, normally distributed

DFA, normally distributed

ANOVA, normally distributed

Factor Analysis, normally distributed

DFA, linear

PRM Iv

Statistical significance

Questions: 5 | Attempts: 13 | Last updated: Jan 16, 2013

Sample Question
The statistical significance of a result is the :

Probability that the observed r'ship or difference in a sample didn't occur by chance

Prob that the observed r'ship or difference in a sample occurred by chance and that in the pop'n from which the sample was drawn, no such r'ship exists.

Prob of the result occuring again in the same sample

None of the above

PRM Questions and Answers

Gengghis Khan used this to justify his rule

kuriltai

tengri

xiongnu

hulegu

PRM question from

North asia2

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Rulers of the Mongol Empire

Ogodei Khan

Mongke Khan

Jengiz Khan

PRM question from

North asia2

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The Golden Horde is located in

East Asia

Persia

Russia

PRM question from

North asia2

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Logistic Regression (LR) is very similar to ___ except the predictors do not need to be ____.

MANOVA, normally distributed

DFA, normally distributed

ANOVA, normally distributed

Factor Analysis, normally distributed

DFA, linear

PRM question from

PRM Logistic Regression

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In LR, the DV is a ___ variable, even though it represents a ___ probabilistic occurence of an event occurring.

categorical, continuous

continuous, categorical

dichotomous, categorical

interval, continuous

none of the above

PRM question from

PRM Logistic Regression

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The 5 assumptions are (1) independence (2) linearity (3) normality (4) homogeneity of variance & (5) non-multicollinearity. LR does not require:

1,2,3

2,3,4

3,4,5,

is flexible with all 5

is strict with all 5

PRM question from

PRM Logistic Regression

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The statistical significance of a result is the :

probability that the observed r'ship or difference in a sample didn't occur by chance

prob that the observed r'ship or difference in a sample occurred by chance and that in the pop'n from which the sample was drawn, no such r'ship exists.

prob of the result occuring again in the same sample

none of the above

PRM question from

PRM IV

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In simpler terms, the stat signif of a result tells us something about :

the degree to which the result is false

the degree to which the result cannot be explained

the degree to which the result is true, in the sense of being representative of the pop'n

none of the above

PRM question from

PRM IV

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The significance level (p) tells us :

the probability of error involved in rejecting the idea that the relation in question does not exist in the population

the prob of error involved in rejecting the idea that the relation in ques does exist in the pop'n

none of the above

PRM question from

PRM IV

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