IFoA_CAA_M0 by IFoA Valid Free Exam Practice Test

Question 1

Determine and describe the extreme values of f(x,y) = -x2 - xy - 3y2

A. (0,0) and a minimum B. (0,1) and a saddle point C. (0,0) and a maximum D. (0.5,-1) and a maximum

Correct Answer: C

Question 2

A coin is tossed 7 times.
Calculate the number of possible combinations that gives 4 heads and 3 tails.

A. 210 B. 840 C. 42 D. 35

Correct Answer: D

Question 3

A geometric series is given by

Identify the values of x for which the series converges.

A. -5 x 5 B. -1 < x < 1 C. -1 x 1 D. -5 < x < 5

Correct Answer: B

Question 4

Identify which of the following best describes the nature of a stationary point.

A. It is where the tangent of the graph of the function is horizontal. B. It is the point where values of the function start to become more stable. C. It is the point where the minimum value of the function is found. D. It is the point where the maximum value of the function is found.

Correct Answer: A

Question 5

Solve the following equation for x:
12x +10 = 3x - 8

A. x = -2 B. x = -9/2 C. x = 2 D. x = 9/2

Correct Answer: A

Question 6

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

Correct Answer: B

Question 7

One of the two solutions to the equation is .

Determine the second solution.

A)

B)

C)

D)

A. Option B B. Option A C. Option D D. Option C

Correct Answer: D

IFoA Module 0 - Entry - IFoA_CAA_M0 Exam Practice Test