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IFoA Exam IFoA_CAA_M0 Topic 10 Question 59 Discussion

Actual exam question for IFoA's IFoA_CAA_M0 exam
Question #: 59
Topic #: 10
[All IFoA_CAA_M0 Questions]

The graph shows the frequency distribution of the age of people with a certain kind of insurance contract.

Describethe shape of the underlying data.

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Suggested Answer: B

by Lyda at May 02, 2024, 10:37 PM

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Julieta
2 months ago
The shape is definitely positively skewed. Looks like the insurance company is attracting a lot of young, hip customers. Maybe they should offer a 'TikTok dance challenge' for a discount.
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Gail
29 days ago
It's interesting to see how the age distribution is skewed towards the younger population. The insurance company must be doing something right to appeal to them.
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Han
1 months ago
I think offering a 'TikTok dance challenge' for a discount is a fun idea! It could attract even more young customers.
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Gerri
1 months ago
I agree, the graph definitely shows a positive skew. It seems like the majority of customers are younger.
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Madonna
2 months ago
A positively skewed distribution? I guess the insurance company is targeting the younger demographic. Maybe they're offering 'Fortnite' skins as incentives.
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Lucille
2 months ago
Hmm, the shape looks symmetric to me. Maybe I need to get my eyes checked, or the data is just playing tricks on me.
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Nieves
29 days ago
User 3: Yeah, it definitely looks symmetric to me too.
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Clorinda
1 months ago
User 2: I agree, it does look symmetric.
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Rebeca
1 months ago
User 1: I think the shape is symmetric.
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Renea
3 months ago
The graph clearly shows a positively skewed distribution, with a long tail to the right. This indicates that the data has a higher frequency of younger individuals in the insurance contract.
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Mari
3 months ago
I believe it is positively skewed, as the peak is on the right side.
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Shaquana
3 months ago
I agree with Thurman, the graph shows a longer tail on the left side.
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Thurman
3 months ago
I think the data is negatively skewed.
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Loren
3 months ago
I believe it is symmetric about the mean, as there seems to be a balance on both sides of the peak.
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Sabrina
3 months ago
I agree with Mayra, the graph looks like it has a longer tail on the left side.
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Mayra
4 months ago
I think the data is negatively skewed.
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