2010 Mock Q13 (VAR) 2010, studying, 2010, provide, studying, change, provide, change

profil

I think i’ve been studying too much, but this statement hexes me.  ”A change to a 99% confidence level would provide a lower VAR estimate”  
Wouldn’t it provide a bigger loss estimate, not lower?  Or am I just confusing myself with how it is worded.

hinsafdar

the question was shitty and worded to cause confusion - I agree

Walex

that was someone’s statement in the text … and a possible potential question. They asked about the next set of statements, not about this ….
so not an erratum.