IFoA_CAA_M0 Exam Dumps

Get All Certified Actuarial Analyst Exam Questions with Validated Answers

IFoA_CAA_M0 Pack
Vendor: IFoA
Exam Code: IFoA_CAA_M0
Exam Name: Certified Actuarial Analyst
Exam Questions: 64
Last Updated: November 20, 2025
Related Certifications: Certified Actuarial Analyst
Exam Tags: Actuarial Analysis Actuarial AnalystCertified Quality AnalystNetwork Lifecycle Administrator
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Free IFoA IFoA_CAA_M0 Exam Actual Questions

Question No. 1

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".

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Correct Answer: A

Question No. 2

The particular solution of the second-order difference equation

yn+2 - 6yn+1 + 8yn = 0 n 2

subject to the initial conditions y0 = 3 and y1 = 2may be written in the form

yn = A(2n) + B(4n) n 0.

Determine the values of (A, B).

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Correct Answer: D

Question No. 3

Identify which of the following involves weak inequality.

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Correct Answer: B

Question No. 4

For -3.14 x +3.14, the graph of the function, sin x, is show below.

Identify the range of this defined function.

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Correct Answer: A

Question No. 5

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).

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Correct Answer: C

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