IFoA_CAA_M0 Exam - Topic 2 Question 98 Discussion

Actual exam question for IFoA's IFoA_CAA_M0 exam

Question #: 98
Topic #: 2

[All IFoA_CAA_M0 Questions]

For random variable X, use the following statistics to calculate its coefficient of skewness based on central moments.

E(X) = 3.940

E(X2) = 21.466

skew(X) = E[(X - )3] = 6.008

A-0.415

B0.060

C0.415

D0.768

Show Suggested Answer

Suggested Answer: C

by Huey at May 06, 2026, 04:40 AM

Limited Time Offer

25%

Off

Get Premium IFoA_CAA_M0 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Asuncion

Wait, how can it be positive? That seems off.

upvoted 0 times

...

Malcom

5 days ago

I think it’s definitely option C, 0.415.

upvoted 0 times

...

Anglea

10 days ago

The skewness is calculated using central moments, right?

upvoted 0 times

...

Jacqueline

15 days ago

I feel like I might be leaning towards option C, but I really need to double-check my calculations before committing to an answer.

upvoted 0 times

...

Brinda

2 months ago

I think I need to use the third central moment in the calculation, but I'm a bit confused about how to find it from the given statistics.

upvoted 0 times

...

Melissa

2 months ago

This question seems similar to the practice problems we did last week, but I can't recall the exact formula for the coefficient of skewness.

upvoted 0 times

...

Devon

2 months ago

I remember we discussed skewness in class, but I'm not entirely sure how to apply the central moments here.

upvoted 0 times

...