Winter Special Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: geek65

IFoA_CAA_M0 Module 0 - Entry Exam Questions and Answers

Questions 4

Define the standard deviation of a finite data set.

Options:

A.

The standard deviation is the sum of the difference between each data point and its expected value.

B.

The standard deviation is the product of the difference between each data point and its expected value.

C.

The standard deviation is the square root of the product of the squared difference between each data point and its expected value.

D.

The standard deviation is the square root of the average of the squared difference between each data point and its expected value.

Buy Now
Questions 5

Solve the following equation for x:

 

12x +10 = 3x - 8

Options:

A.

x = -9/2

B.

x = -2

C.

x = 2

D.

x = 9/2

Buy Now
Questions 6

The table below shows the distribution of the number of people in each household in a village.

 

 

Determine which of the following inequalities is true for the number of people living in a house.

Options:

A.

Mode < Median < Mean

B.

Mode < Mean < Median

C.

Median < Mean < Mode

D.

Median < Mode < Mean

Buy Now
Questions 7

A weekly pet insurance premium is given by a solution of the following equation:

 

 4x2 - 11x - 3 = 0

 

Calculate the premium.

Options:

A.

-£1.00

B.

-£0.25

C.

£0.75

D.

£3.00

Buy Now
Questions 8

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

 

 

 

 Calculate: P(x ≥ 1.5)

Options:

A.

0.164

B.

0.250

C.

0.320

D.

0.484

Buy Now
Questions 9

A and B are the stationary points of f(x).  

 

f(x) = 2x3 - x2 - 8x + 8

A = (-1,13)

B = (4/3,8/27)

 

Determine whether each stationary point is a maximum, minimum or point of inflexion.

Options:

A.

A is a maximum

B is a minimum

B.

A is a maximum

B is a point of inflexion

C.

A is a minimum

B is a maximum

D.

A is a point of inflexion

B is a minimum

Buy Now
Exam Code: IFoA_CAA_M0
Exam Name: Module 0 - Entry Exam
Last Update: Nov 21, 2024
Questions: 64
IFoA_CAA_M0 pdf

IFoA_CAA_M0 PDF

$28  $80
IFoA_CAA_M0 Engine

IFoA_CAA_M0 Testing Engine

$33.25  $95
IFoA_CAA_M0 PDF + Engine

IFoA_CAA_M0 PDF + Testing Engine

$45.5  $130