Free IFoA IFoA_CAA_M0 Exam Actual Questions

The questions for IFoA_CAA_M0 were last updated On Jun 14, 2025

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Question No. 1

If

Calculate the partial derivative

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Correct Answer: C

Question No. 2

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. 3

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. 4

An insurance company sells policies where, for each policy, the policyholder pays the first 50 of the cost of any claim. A claim reported to the insurance company takes some unknown value x.

Identify which of the mathematical expressions below represents the cost in to the insurance company of the claim.

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Correct Answer: D

Question No. 5

A function f(x) is known for two values:

f(2) = 8 and f(5) = 14.

Using linear interpolationestimatef(3).

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Correct Answer: B