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  • Exam Name: Module 0 - Entry Exam
  • Last Update: May 2, 2024
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IFoA_CAA_M0 Practice Exam Questions with Answers Module 0 - Entry Exam Certification

Question # 6

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).

A.

0.1

B.

0.4

C.

0.5

D.

0.8

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Question # 7

Calculate the sum of the following non-terminating progression:

 

2/10, 2/40, 2/160, 2/640,...

A.

0.174

B.

0.266

C.

0.267

D.

0.406

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