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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.

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Suggested Answer: D

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

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Tess
2 months 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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Aretha
25 days ago
I agree with you, I also think it's B) II and IV.
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Laine
1 months ago
I'm going with C) I and III.
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Sheridan
2 months ago
I think the correct answer is B) II and IV.
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Sherill
2 months 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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Yvonne
29 days ago
So, option C would be the correct choice then.
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Sheridan
30 days ago
Yeah, that's true. Skewness is all about the asymmetry around the mean.
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Afton
1 months ago
I think you're right, the mode and median can be the same for a symmetric distribution.
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Margarett
3 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
2 months 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
2 months ago
I'm not sure about statement 3, but I think statement 4 is definitely true.
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Kaitlyn
2 months ago
I think statement 1 is true too, it's about how peaked the data is.
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Corrinne
3 months ago
I agree, statement 2 and 4 seem correct to me as well.
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Tiera
3 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
2 months ago
I agree, statement 2 is definitely true. Skewness is all about the asymmetry of the data.
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Solange
2 months ago
I think statement 2 is correct. Skewness does measure the asymmetry of the data distribution.
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Merilyn
3 months ago
I believe statement 3 is also true, so the answer should be C.
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Nieves
3 months ago
I agree with you, skewness does measure asymmetry.
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Rasheeda
3 months ago
I think statement 1 and 2 are true.
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