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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

Let A = 

Let B = 

 

Calculate   

Options:

A.

986

B.

1,224

C.

2,056

D.

3,286

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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

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

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