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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

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