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Module 0 - Entry Exam

Last Update Dec 23, 2024
Total Questions : 64

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Module 0 - Entry Exam Questions and Answers

Questions 1

1/5 of actuarial students like skiing.

2/5of actuarial students like snowboarding.

1/3  of actuarial students like skiing and snowboarding.

 

Calculate the proportion of actuarial students that like skiing or snowboarding.

A)

B)

C)

D)

Options:

A.

Option A

B.

Option B

C.

Option C

D.

Option D

Questions 2

For the following data set, calculate the mean and median.

10, 8, 5, 7, 14, 5, 3, 9, 5, 8

Options:

A.

The mean is 7.4 and the median is 7.5.

B.

The mean is 7.4 and the median is 8.0.

C.

The mean is 8.2 and the median is 7.5.

D.

The mean is 8.2 and the median is 8.0.

Questions 3

The probability density function f(x) for a random variable X is defined over the interval 0 to 1.

f(x) = 2(1-x).

 

Calculate the probability that X is greater than 0.5.

Options:

A.

0.25

B.

0.5

C.

0.75

D.

1