VaR‚ Stressed VaR‚ and Expected Shortfall Jim Chen* This note summarizes the measurement of market risk in the trading book under the most recent accords of the Basel Committee on Banking Regulation‚ known as Basel II‚ 2.5‚ and III. Each of these three accords on global banking regulation has embraced a different primary measure of market risk: traditional value-at-risk (VaR)‚ stressed VaR‚ and expected shortfall. After introducing the mathematics of VaR and expected shortfall‚ this note will
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CALIBRATION OF TEMPERATURE AND PRESSURE SENSORS Mechanical Engineering Department Loyola Marymount University Los Angeles‚ California ABSTRACT In this laboratory experiment‚ an Omega Model PX- 236-060GV piezoresistive pressure transducer was calibrated‚ by using an AMTEK model deadweight pressure tester. For the temperature calibration an Jofra Model C-140 temperature calibrator was used. The experiment began by setting up the Jofra Model C-140 temperature calibrator‚ and taking data from
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array of economists‚ from libertarian‚ monetarist supporters of laissez-faire‚ such as Milton Friedman to Post-Keynesian supporters of economic interventionism‚ such as Joan Robinson. Brief history of demand curve and supply curve According to Hamid S. Hosseini‚ the power of supply and demand was understood to some extent by several early Muslim economists‚ such as Ibn Taymiyyah who illustrates- “If desire for goods increases while its availability decreases‚ its price rises. On the other hand‚ if
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3‚ SUMMER 2000 Comparison between TG-51 and TG-21: Calibration of photon and electron beams in water using cylindrical chambers S. H. Cho‚a) J. R. Lowenstein‚b) P. A. Balter‚c) N. H. Wells‚d) and W. F. Hansone) Department of Radiation Physics‚ The University of Texas M.D. Anderson Cancer Center‚ 1515 Holcombe Boulevard‚ Box 547‚ Houston‚ Texas 77030 ͑Received 31 March 2000; accepted for publication 8 June 2000͒ A new calibration protocol‚ developed by the AAPM Task Group 51 ͑TG-51͒ to
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PRESSURE MEASUREMENT AND CALIBRATION YEDĐTEPE UNIVERSITY DEPARTMENT OF MECHANICAL ENGINEERING 1 YEDITEPE UNIVERSITY ENGINEERING FACULTY MECHANICAL ENGINEERING LABORATORY Pressure Measurement and Calibration 1. Objective: To convert an arbitrary scale of pressure sensor output into engineering units. To calibrate a semiconductor pressure sensor. 2. Equipment: The equipment comprises a Dead-weight Pressure Calibrator (DPC)‚ Bourdon gauge and diaphragm-type pressure sensor. The
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Hazem Qassem MGT 610- Contemporary Management Theory You And Your Career Question 1: Motivation: Chapter 17‚ page Is Maslow’s hierarchy of needs useful to managers? Why? Response: Maslow’s Hierarchy of needs describes the building blocks where an individual can reach their highest and full potential to have an impact on themselves and the world around them. There are 4 key stages to achieve self-actualization that are incumbent upon one another. To answer the question‚ first we have to
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EXPERIMENT 1 CALIBRATION OF VOLUMETRIC GLASSWARE OBJECTIVES 1. To calibrate a 10 mL volumetric pipette 2. To calibrate a 25mL volumetric pipette 3. To calibrate a 100mL volumetric pipette 4. To calibrate a 50mL measuring cylinder EXPERIMENTAL PROCEDURE 1) Calibration of a volumetric pipette (10mL and 25mL) (a) Pipette is used to transfer the water. If the distilled water does not drain uniformly will leaves droplets of water in the inner
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LABORATORY FOR PRODUCTION MEASUREMENT Faculty of Mechanical Engineering Smetanova 17‚ 2000 Maribor‚ Slovenia SOP 6 CALIBRATION OF VERNIER CALLIPER GAUGES Issue date 11.7.2003 Issue No. E-1 Approved by Bojan Ačko‚ Ph.D. Changes made AMENDMENT REMOVED No. Section Date ADDED Page Issue No. Section Present issue E-1 is equal to the issue No. 3 dated September 1998 Page Issue No. CONTENTS 1 1.1 INTRODUCTION General aspects 4 4
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Calibration of Total Station As there is height transfer from Wong Yi Chau to Tai Tau Chau‚ reciprocal leveling is needed to minimize the effect of the atmosphere as well as the line of sight and curvature corrections. As a result‚ total station will be calibrated before performing reciprocal leveling. Line-of-sight error and V-Index are determined through calibration. Line-of-sight error and V-Index The line-of-sight error or collimation error (C) is the deviation from the perpendicular between
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lab session‚ you should prepare by reading the lab manual and the textbook required reading. We expect you to have a good understanding of the purpose‚ details of the procedure‚ the use of all chemicals and any significant hazards‚ and the underlying science of the experiment when you come to lab. TABLE OF CONTENTS Page TITLE PAGE INTRODUCTION LABORATORY SAFETY GUIDELINES SAFETY DECLARATION FORM CHEMISTRY LABORATORY REPORT QUIDELINES EXPERIMENT 3 1 Calibration of Volumetric
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