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IFoA_CAA_M0 Exam Dumps : Module 0 - Entry Exam

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Module 0 - Entry Exam Questions and Answers

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Question 1

A recurrence relation is given by: Un = 2Un - 1 + 3

 

If U0 = 0, calculate U2 =  

Options:

A.

3

B.

9

C.

13

D.

21

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Question 2

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

Options:

A.

-0.415

B.

0.060

C.

0.415

D.

0.768

Question 3

Let A = 

Let B = 

 

Calculate   

Options:

A.

986

B.

1,224

C.

2,056

D.

3,286

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