IFoA IFoA_CAA_M0 CAA Exam Questions Instant Access

Question 1

Calculate the value of

A259

B504

C525

D725

Answer : C

Question 2

Solve the following equation for x:

12x +10 = 3x - 8

Ax = -9/2

Bx = -2

Cx = 2

Dx = 9/2

Answer : B

Question 3

Calculate the determinant of the product of thematrices given below:

A-0.00227

B-60

C-78

D-440

Answer : D

Question 4

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).

A0.1

B0.4

C0.5

D0.8

Answer : C

Question 5

Consider the function:

AOption A

BOption B

COption C

DOption D

Answer : A

Question 6

In a small island nation, local sea vessels are identified using "a letter and 4 digits" classification system. The "letter" can be any of the 26 letters in the English alphabet, A to Z, while the "digit" can be any number from 0 to 9. E.g: Z9835.

Calculate the probability of a sea vessel having an identification ending in "007".

A0.001

B0.002

C0.003

D0.504

Answer : A

Question 7

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

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