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IFoA
CAA
IFoA_CAA_M0 Free Questions
IFoA IFoA_CAA_M0 Quiz:1 Topic:8 Questions:1-5

Home
IFoA
CAA
IFoA_CAA_M0 Free Questions
IFoA IFoA_CAA_M0 Quiz:1 Topic:8 Questions:1-5

IFoA IFoA_CAA_M0 Quiz:1 Topic:8 Questions:1-5

Free Practice Mock Questions Set 1-5 (Quiz # 1) for IFoA_CAA_M0 Exam, according to official IFoA Certified Actuarial Analyst exam syllabus topic # 8

Question: 1

Describethe skewness of the following data:

q1_IFoA_CAA_M0

APositively skewed

BSymmetric

CNegatively skewed

DInversely skewed

Answer : A

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Question: 2

Let A =

q2_IFoA_CAA_M0

A986

B1,224

C2,056

D3,286

Answer : B

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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.

AOption A

BOption B

COption C

DOption D

Answer : C

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Question: 4

Calculate

q4_IFoA_CAA_M0

A-245

B-95

C-55

D55

Answer : C

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Question: 5

In a small island nation, local sea vessels are identified using "a letter and 4 digits" classification system. The "letter" can be any of the 26 letters in the English alphabet, A to Z, while the "digit" can be any number from 0 to 9. E.g: Z9835.

Calculate the probability of a sea vessel having an identification ending in "007".

A0.001

B0.002

C0.003

D0.504

Answer : A

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