IFoA IFoA_CAA_M0 CAA Exam Practice Test Instant Access

Question 1

State whatthe limit of a function with input variable xrepresents.

AThe limit represents the smallest value that the function can take over its considered range.

BThe limit represents the behaviour of a function as x approaches a certain value.

CThe limit represents the value of x for which the function is incalculable.

DThe limit represents the value of the function when x=0.

Answer : B

Question 2

Identify which of the following involves weak inequality.

AOption A

BOption B

COption C

DOption D

Answer : B

Question 3

A geometric series is given by

Identify the values of x for which the series converges.

A-1 x 1

B-1< x< 1

C-5< x< 5

D-5 x 5

Answer : B

Question 4

Describethe skewness of the following data:

APositively skewed

BSymmetric

CNegatively skewed

DInversely skewed

Answer : A

Question 5

Integrate:

AOption A

BOption B

COption C

DOption D

Answer : C

Question 6

Consider the function:

AOption A

BOption B

COption C

DOption D

Answer : A

Question 7

The table below shows the distribution of the number of people in each household in a village.

Determine which of the following inequalities is true for the number of people living in a house.

AMode < Median < Mean

BMode < Mean < Median

CMedian < Mean < Mode

DMedian < Mode < Mean

Answer : A

IFoA_CAA_M0 Certified Actuarial Analyst CAA Exam Practice Test