Labour Day Sale - Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: mxmas70

Home > IFoA > Certified Actuarial Analyst > IFoA_CAA_M0

IFoA_CAA_M0 Module 0 - Entry Exam Question and Answers

Question # 4

A boy is asked to estimate the height of his sister. He estimates that she is 1.60 metres tall. He then measures his sister and finds that her true height is 1.40 metres.

 

Identify the absolute error of his estimate of her height.

A.

-0.2 metres

B.

0.2 metres

C.

12.5%

D.

0.125

Full Access
Question # 5

For random variable X, use the following statistics to calculate its coefficient of skewness based on central moments.

E(X) = 3.940

E(X2) = 21.466

skew(X) = E[(X - μ)3] = 6.008

A.

-0.415

B.

0.060

C.

0.415

D.

0.768

Full Access
Question # 6

The variable s can take values between 2 and 6.

 

Identify which of the inequalities shown can be satisfied by at least one value of s.

A.

s + 5 < 6

B.

s + 9 < 6

C.

s - 6 > 2

D.

s - 2 > 2

Full Access
Question # 7

The random variable X has the following probability density function ("PDF"):

 

 

 

 Calculate: P(x ≥ 1.5)

A.

0.164

B.

0.250

C.

0.320

D.

0.484

Full Access
Question # 8

The first term of an arithmetic sequence is 12 and the ninth term is 68.

 

Calculate the sum of the first 18 terms.

A.

1,165

B.

1,287

C.

1,350

D.

1,413

Full Access
Question # 9

Consider the vector U = (3, -1, 5).

 

Calculate the magnitude of vector U to two decimal places.

A.

2.65

B.

5.92

C.

7.00

D.

9.00

Full Access