IFoA Exam IFoA_CAA_M0 Topic 10 Question 59 Discussion

Actual exam question for IFoA's IFoA_CAA_M0 exam

Question #: 59
Topic #: 10

[All IFoA_CAA_M0 Questions]

The graph shows the frequency distribution of the age of people with a certain kind of insurance contract.

Describethe shape of the underlying data.

ANegatively skewed

BPositively skewed

CSymmetric

DSymmetric about the mean

Show Suggested Answer

Suggested Answer: B

by Lyda at May 02, 2024, 10:37 PM

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Julieta

1 months ago

The shape is definitely positively skewed. Looks like the insurance company is attracting a lot of young, hip customers. Maybe they should offer a 'TikTok dance challenge' for a discount.

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Han

6 days ago

I think offering a 'TikTok dance challenge' for a discount is a fun idea! It could attract even more young customers.

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Gerri

10 days ago

I agree, the graph definitely shows a positive skew. It seems like the majority of customers are younger.

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Madonna

1 months ago

A positively skewed distribution? I guess the insurance company is targeting the younger demographic. Maybe they're offering 'Fortnite' skins as incentives.

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Lucille

2 months ago

Hmm, the shape looks symmetric to me. Maybe I need to get my eyes checked, or the data is just playing tricks on me.

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Clorinda

5 days ago

User 2: I agree, it does look symmetric.

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Rebeca

8 days ago

User 1: I think the shape is symmetric.

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Renea

2 months ago

The graph clearly shows a positively skewed distribution, with a long tail to the right. This indicates that the data has a higher frequency of younger individuals in the insurance contract.

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