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IFoA_CAA_M0 Exam Dumps : Module 0 - Entry Exam

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Module 0 - Entry Exam Questions and Answers

Question 1

Identify which of the following statements are true.

 

I. Skewness measures how peaked a set of data is.

II. Skewness is a measure of asymmetry of the distribution of the data about its mean.

III. For a symmetrically distributed data, the mean equals the median but not necessarily the mode.

IV. The value of a measure of skewness can be positive, zero or negative.

Options:

A.

I and II

B.

II and IV

C.

I and III

D.

II, III and IV

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Question 2

The stem and leaf chart below shows the ages of all the pensioners in a small village.

 

 

Identify which of the following is not true.

Options:

A.

There are 13 pensioners in the village.

B.

The most common age is 63.

C.

The oldest pensioner is 89.

D.

There is a pensioner aged 70.

Question 3

Three light bulbs are chosen at random from 15 bulbs of which 5 are known to be defective.

 

Calculate the probability that exactly one of the three is defective.

A)

B)

C)

D)

Options:

A.

Option A

B.

Option B

C.

Option C

D.

Option D