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IFoA IFoA_CAA_M0 - Module 0 - Entry Exam

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Total 64 questions

The random variable X has the following probability density function ("PDF"):

 

 

 

 Calculate: P(x ≥ 1.5)

A.

0.164

B.

0.250

C.

0.320

D.

0.484

State what the limit of a function with input variable x represents.

A.

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

B.

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

C.

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

D.

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

Using simple iteration, based on trial and improvement, the cubic equation below can be solved:

2x3 + 5x2 +7x - 12 = 0 

 

Solve for x to 6 decimal places.

A.

0.909000

B.

0.909165

C.

0.909502

D.

1.000000

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".

A.

0.001

B.

0.002

C.

0.003

D.

0.504

Identify which of the following statements are true.

 

I. Skewness measures how peaked a set of data is.

II. Skewness is a measure of asymmetry of the distribution of the data about its mean.

III. For a symmetrically distributed data, the mean equals the median but not necessarily the mode.

IV. The value of a measure of skewness can be positive, zero or negative.

A.

I and II

B.

II and IV

C.

I and III

D.

II, III and IV

A boy is asked to estimate the height of his sister. He estimates that she is 1.60 metres tall. He then measures his sister and finds that her true height is 1.40 metres.

 

Identify the absolute error of his estimate of her height.

A.

-0.2 metres

B.

0.2 metres

C.

12.5%

D.

0.125

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

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.

A.

The 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.

B.

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

C.

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

D.

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

If

Calculate the partial derivative

A)

B)

C)

D)

A.

Option A

B.

Option B

C.

Option C

D.

Option D