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Hi, David @David Harper CFA FRM Thank you so much for the detailed explanation. Totally agree with you and truely appreciate your effort in keeping having conversations with GARP to clarify the questions! Ana

Hi, David! Thanks for the clarification. May I ask what if the question uses the term “greater than or equal to”? Should I use two-tailed calculation since it’s not asking about “SaR”? But I’m a little bit confused because “greater than or equal to” sounds more like a one-tailed calculation...