IFoA Exam IFoA_CAA_M0 Topic 3 Question 71 Discussion

Actual exam question for IFoA's IFoA_CAA_M0 exam

Question #: 71
Topic #: 3

[All IFoA_CAA_M0 Questions]

Identify which of the following statements aretrue.

1. Skewness measures how peaked a set of data is.

2. Skewness is a measure of asymmetry of the distribution of the data about its mean.

3. For a symmetrically distributed data, the mean equals the median but not necessarily the mode.

4. The value of a measure of skewness can be positive, zero or negative.

AI and II

BII and IV

CI and III

DII, III and IV

Show Suggested Answer

Suggested Answer: D

by Clemencia at Sep 18, 2024, 08:32 AM

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Tess

19 days ago

All these statements sound like statistics mumbo-jumbo to me. I'm just going to close my eyes and pick an answer. Eeny, meeny, miny, moe...

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Sheridan

24 hours ago

I think the correct answer is B) II and IV.

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Sherill

25 days ago

Haha, I bet the mode and median will be the same for a symmetric distribution. That's just common sense! Option C seems like the way to go here.

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Margarett

1 months ago

I think I'll go with option B. Statements 2 and 4 make the most sense to me. The whole 'peaked' thing in statement 1 is a bit confusing.

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Alverta

22 days ago

I think I'll go with option B too, statements 2 and 4 make the most sense to me.

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Eleni

23 days ago

I'm not sure about statement 3, but I think statement 4 is definitely true.

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Kaitlyn

29 days ago

I think statement 1 is true too, it's about how peaked the data is.

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Corrinne

1 months ago

I agree, statement 2 and 4 seem correct to me as well.

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Tiera

2 months ago

Statement 2 is definitely true, but I'm not sure about the others. Skewness is all about the asymmetry of the data distribution, so that one is a no-brainer.

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Van

9 days ago

I agree, statement 2 is definitely true. Skewness is all about the asymmetry of the data.

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Solange

11 days ago

I think statement 2 is correct. Skewness does measure the asymmetry of the data distribution.

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Merilyn

2 months ago

I believe statement 3 is also true, so the answer should be C.

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Nieves

2 months ago

I agree with you, skewness does measure asymmetry.

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Rasheeda

2 months ago

I think statement 1 and 2 are true.

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