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: August 24, 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

Calculate the mean, median and mode of the above dataset.

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Correct Answer: D

Question No. 2

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.

Identifythe absolute error of his estimate of her height.

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Correct Answer: B

Question No. 3

Three light bulbs are chosen at random from 15 bulbs of which 5 are known to be defective.

Calculate the probability that exactly one of the three is defective.

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Correct Answer: C

Question No. 4

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

Question No. 5

An individual purchases a share in a company at a price of 45. Six months later he sells the share for 39.

Calculate the percentage change in the value of the share over the six month period, correct to one decimal place.

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Correct Answer: B

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