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IFoA_CAA_M0 Sample Questions Answers

Questions 4

Calculate the value of

 

Options:

A.

259

B.

504

C.

525

D.

725

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Questions 5

For -3.14 ≤ x ≤ +3.14, the graph of the function, sin x, is show below.

 

Identify the range of this defined function.

 

Options:

A.

[-1,1]

B.

[0,1]

C.

(-1,1)

D.

(-1,1]

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Questions 6

An individual purchases a share in a company at a price of £45. Six months later he sells the share for £39.

 

Calculate the percentage change in the value of the share over the six month period, correct to one decimal place.

Options:

A.

-15.4%

B.

-13.3% 

C.

13.3%

D.

86.7%

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Questions 7

Calculate the mean, median and mode of the above dataset.

Options:

A.

Option A

B.

Option B

C.

Option C

D.

Option D

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Questions 8

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

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Questions 9

A coin is tossed 7 times.

 

Calculate the number of possible combinations that gives 4 heads and 3 tails.

Options:

A.

35

B.

42

C.

210

D.

840

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Exam Code: IFoA_CAA_M0
Exam Name: Module 0 - Entry Exam
Last Update: Apr 23, 2024
Questions: 64
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