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Selected IFoA_CAA_M0 Certified Actuarial Analyst Questions Answers

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Total 64 questions

Module 0 - Entry Exam Questions and Answers

Question 5

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

Question 6

A recurrence relation is given by: Un = 2Un - 1 + 3

 

If U0 = 0, calculate U2 =  

Options:

A.

3

B.

9

C.

13

D.

21

Question 7

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 8

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

Page: 2 / 2
Total 64 questions