IFoA IFoA_CAA_M0 CAA Exam Practice Test Instant Access

Question 1

Let A =

A986

B1,224

C2,056

D3,286

Answer : B

Question 2

Consider a function f which has three variables, x1, x2 and x3.

Identify which of the following gives a correct definition of a partial derivative of the function f.

AThe derivative of f with respect to either one of its variables or two of its variables, the other two variables or the third variable being treated as constant, respectively.

BThe derivative of f with respect to one of its variables only, the other two variables being treated as constant.

CThe derivative of f with respect to two of its variables, the third variable being treated as constant.

DThe derivative of f with respect to all three of its variables.

Answer : B

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

Question 4

Determine the coefficient of x3in the binomial expansion of (2 + x)5.

A10

B40

C64

D80

Answer : B

Question 5

Identifythe meaning of: | x | > 5

Ax is greater than 5.

Bx is greater than or equal to 5.

Cx is greater than 5 or x is less than -5.

Dx is greater than or equal to 5, or x is less than or equal to -5.

Answer : C

Question 6

Calculate the determinant of the product of thematrices given below:

A-0.00227

B-60

C-78

D-440

Answer : D

Question 7

The variable s can take values between 2 and 6.

Identify which of the inequalities shown can be satisfied by at least one value of s.

As + 5 < 6

Bs + 9 < 6

Cs - 6 > 2

Ds - 2 > 2

Answer : D

IFoA_CAA_M0 Certified Actuarial Analyst CAA Exam Practice Test