IFoA_CAA_M0 Exam - Topic 9 Question 36 Discussion

Actual exam question for IFoA's IFoA_CAA_M0 exam

Question #: 36
Topic #: 9

A discrete random variable can only take the values 2,3,4 or 5. The probabilities associated with some of the outcomes are: P(X=2) = 0.2, P(X=3) = 0.3, P(X=5) = 0.1.

For a randomly drawn value of X, calculate P(X>3).

A0.1

B0.4

C0.5

D0.8

Show Suggested Answer

Suggested Answer: C

by Lai at May 06, 2022, 11:53 PM

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Deandrea

4 months ago

Nah, it’s definitely 0.5!

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Tiffiny

4 months ago

I think it’s 0.4, right?

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Buffy

4 months ago

Wait, what’s P(X=4)? Did we miss that?

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Keneth

4 months ago

Totally agree, it's 0.1 + P(X=4).

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Kina

5 months ago

P(X>3) means we look at P(X=4) and P(X=5).

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Leota

5 months ago

I practiced a similar question where we had to find probabilities for ranges. I think P(X>3) should be 0.4 based on what we know.

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Paris

5 months ago

I think P(X>3) means we need to consider P(X=4) and P(X=5), but I can't recall what P(X=4) is.

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Jaleesa

5 months ago

I remember we calculated probabilities like this in class, but I'm not sure if I added them correctly.

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Vivan

5 months ago

Wait, does P(X>3) include P(X=3)? I thought it only counted values greater than 3.

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Leonor

5 months ago

Hmm, I'm a bit confused on the differences between para-virtualization and other virtualization techniques. I'll need to think this through carefully.

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Adell

5 months ago

The APIC sounds familiar, but I can't recall if it's specifically for the COOP database. Did we cover that in class?

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Omer

5 months ago

I'm feeling pretty confident about this one. Option B is the clear choice - using the Cloud Data Loss Prevention API to redact sensitive data before it's ingested into BigQuery.

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