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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

Determine which of the options is equal to log(3) - 2log(x+1).

A)

B)

C)

D)

Options:

A.

Option A

B.

Option B

C.

Option C

D.

Option D

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Question 2

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

Question 3

A discrete random variable can only take the values 2,3,4 or 5. The probabilities associated with some of the outcomes are: P(X=2) = 0.2, P(X=3) = 0.3, P(X=5) = 0.1.

 

For a randomly drawn value of X, calculate P(X>3).

Options:

A.

0.1

B.

0.4

C.

0.5

D.

0.8