ARM 401 Miscellaneous EXAM with Questions & Answers
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Course
ARM 401
Institution
ARM 401
D. Conceptual phase. - The initial phase in the life cycle in any safety system is the
A. Production phase.
B. Preliminary phase.
C. Engineering phase.
D. Conceptual phase.
ARM 401 Miscellaneous EXAM with Questions
& Answers
D. Conceptual phase. - ✔✔The initial phase in the life cycle in any safety system is the
A. Production phase.
B. Preliminary phase.
C. Engineering phase.
D. Conceptual phase.
C. Providing a method to be used repeatedly to provide information. - ✔✔A predictive approach
to data analytics involves
A. Providing a computer program to gather information from the Internet.
B. Providing sensors that predict accidents
C. Providing a method to be used repeatedly to provide information.
D. Providing information to solve a particular problem
D. Human factors. - ✔✔A 5 Whys analysis is used primarily for problems involving
A. Construction.
B. Technology.
C. Environmental factors.
D. Human factors.
,D. Applying a predictive model to the holdout data helps ensure that the model is not overfitted to
the training data. - ✔✔Which one of the following best describes the purpose of applying a
predictive model to holdout data during the training process?
A. Applying a predictive model to the holdout data helps ensure that the model will not apply
generalization, which is the ability of a model to apply itself to data outside the training data.
B. Applying a predictive model to the holdout data helps ensure that the model will be cross-validated.
C. Applying a predictive model to the holdout data helps ensure that the model will not become a
confusion matrix.
D. Applying a predictive model to the holdout data helps ensure that the model is not overfitted to the
training data.
D. Predictive technique - ✔✔Brendan is a new risk manager at a Shelton Manufacturing in North
Carolina. Because the company has never experienced any consequences from a hurricane, the
previous risk manager never really analyzed the risks associated with such an event. Brendan feels that
a hurricane could trigger multiple far-reaching consequences and that the risk requires a thorough
analysis. Due to Shelton Manufacturing's lack of historical data Brendan has decided to use a structured
process that incorporates expert opinions into the probability estimations. Which one of the following
types of risk assessment is Brendan using?
A. Risk management technique
B. Risk control technique
C. Qualitative analysis
D. Predictive technique
B. Box action design. - ✔✔Earthquake-resistant construction, used in buildings under three stories
tall, that integrates roof and floor diaphragms that can flex to transmit and distribute the forces an
earthquake exerts on a structure, is called
A. Frame action design.
B. Box action design.
C. Rolling weight-bearing design
D. Diaphragmatic design.
A. A root cause must produce effective recommendations for prevention of future accidents.
- ✔✔Which one of the following statements about root cause analysis (RCA) is true?
, A. A root cause must produce effective recommendations for prevention of future accidents.
B. Root cause analysis is aimed at reducing the harmful effects of a loss once the loss has occurred.
C. The first step in root cause analysis is analyzing causal factors.
D. Weather conditions and earthquakes can be considered root causes for some losses.
D. Unstructured data. - ✔✔Data analytics is especially useful for
A. Databases.
B. Structured data
C. Internal data.
D. Unstructured data.
C. The effectiveness of the current risk treatment. - ✔✔Risk management professionals can use risk
mapping to identify inherent risk and residual (current) level of risk. Inherent risk is important because
the difference between inherent and residual risk provides a measure of
A. Volatility.
B. The necessity of risk financing.
C. The effectiveness of the current risk treatment.
D. Speculative risk.
B. Fault tree analysis - ✔✔Vicki has been hired to investigate industrial accidents for a biotech
company that produces a number of drugs. In most cases, she will be asked to look at a particular
system failure and trace the events leading to the failure backwards. Which system safety analysis
technique would be most appropriate for this application?
A. Criticality analysis
B. Fault tree analysis
C. "5 Whys" analysis.
D. Failure mode and effects analysis
B. Actuators automatically initiate action in response to a condition detected by a sensor. -
✔✔Which one of the following best describes the role of actuators in the Internet of Things?
A. Actuators provide common, authoritative, and immutable records of transactions.
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