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IFoA_CAA_M0 Exam - Topic 1 Question 1 Discussion

Actual exam question for IFoA's IFoA_CAA_M0 exam
Question #: 1
Topic #: 1
[All IFoA_CAA_M0 Questions]

The table below shows the distribution of the number of people in each household in a village.

Determine which of the following inequalities is true for the number of people living in a house.

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Suggested Answer: A

by Lorrie at May 09, 2022, 05:26 PM

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Brittani
4 months ago
Totally agree with A! It fits the data perfectly!
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Delsie
4 months ago
I don't know, this seems off. Are we sure about the numbers?
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Kattie
4 months ago
Wait, how can the mean be higher than the median?
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Justine
4 months ago
Definitely A! Mode < Median < Mean makes sense here.
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Deangelo
5 months ago
The mode is 2, median is 3, mean is around 3.5.
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Deeanna
5 months ago
I vaguely recall that in a positively skewed distribution, the mean is usually the highest. So maybe option B could be the right choice?
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Ty
5 months ago
I think we practiced a similar question where the mean was greater than both the mode and median. Could it be option A?
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Loise
5 months ago
I remember we discussed how the mode is often less than the median in skewed distributions, but I'm not sure about the mean.
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Marlon
5 months ago
I feel like I might be mixing up the definitions. I thought the median was always in the middle, but what if the distribution is skewed?
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Fausto
5 months ago
This is a tricky one. I'm not sure if TMS uses MS Access, since that's a more basic database program. And I'm not confident about the Linux Ubuntu option either. I'll have to make an educated guess on this one.
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Noel
5 months ago
I'm pretty sure this is asking about a specific legal term for wrongfully taking someone else's property. I'll need to think through the options carefully to determine the right answer.
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Luisa
5 months ago
I remember something about Profile Handling being crucial for reducing logon times, but I'm not entirely sure if it's the right option here.
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