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IFoA_CAA_M0 Exam Dumps

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IFoA_CAA_M0 Pack
Vendor: IFoA
Exam Code: IFoA_CAA_M0
Exam Name: Certified Actuarial Analyst
Exam Questions: 64
Last Updated: October 5, 2026
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

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.

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Correct Answer: B

Question No. 2

Identify which of the following statements aretrue.

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

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

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

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

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Correct Answer: B

Question No. 3

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. 4

A weekly pet insurance premium is given by a solution of the following equation:

4x2 - 11x - 3 = 0

Calculate the premium.

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Correct Answer: D

Question No. 5

Define the standard deviation of a finite data set.

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Correct Answer: D

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