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IFoA Exam IFoA_CAA_M0 Topic 9 Question 72 Discussion

Actual exam question for IFoA's IFoA_CAA_M0 exam
Question #: 72
Topic #: 9
[All IFoA_CAA_M0 Questions]

In a small island nation, local sea vessels are identified using "a letter and 4 digits" classification system. The "letter" can be any of the 26 letters in the English alphabet, A to Z, while the "digit" can be any number from 0 to 9. E.g: Z9835.

Calculate the probability of a sea vessel having an identification ending in "007".

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Suggested Answer: A

by Maryann at Sep 16, 2024, 07:05 PM

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Rosendo
8 months ago
I'm pretty sure the answer is B) 0.002. Though I have to say, a vessel with '007' as the ending digits sounds like it belongs in a James Bond movie!
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Julio
7 months ago
User4: Definitely, '007' does have that spy vibe to it!
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Cammy
7 months ago
User 3: I agree, B) 0.002 seems to be the correct probability.
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Trinidad
7 months ago
User 2: Yeah, it does sound like a James Bond movie!
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Andra
7 months ago
I agree, B) 0.002 seems to be the correct probability.
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Lajuana
8 months ago
Yeah, it does sound like something from a James Bond movie!
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Tamesha
8 months ago
I think the answer is B) 0.002.
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Rima
8 months ago
I think the answer is B) 0.002.
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Sarah
8 months ago
I would go with option A) 0.001 because it represents a very small chance.
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Carmelina
8 months ago
I agree, it seems like a rare occurrence.
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Lashawnda
8 months ago
D) 0.504? Are you kidding me? That's way too high. The probability can't be over 50%! I'm going with C) 0.003.
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Stephen
8 months ago
D) 0.504? That seems too high. I agree, I'm going with C) 0.003.
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Julieta
8 months ago
C) 0.003
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Eura
8 months ago
B) 0.002
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Sonia
8 months ago
A) 0.001
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Lino
9 months ago
I think the probability of a sea vessel ending in '007' is very low.
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Felix
9 months ago
Hmm, I'd say B) 0.002 is the correct answer. It makes sense that the chance of a random 4-digit number ending in '007' would be 2 in 1000.
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Luisa
9 months ago
A) 0.001? Really? That's way too low. The probability of a sea vessel having an identification ending in '007' should be much higher, right?
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Jarod
7 months ago
D) Yeah, I agree. 0.003 sounds more reasonable.
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Lelia
8 months ago
C) Maybe around 0.003?
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Yolando
8 months ago
B) I think it's higher than that.
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Heidy
8 months ago
A) 0.001? Really? That's way too low.
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