IFoA Exam IFoA_CAA_M0 Topic 4 Question 66 Discussion

Actual exam question for IFoA's IFoA_CAA_M0 exam

Question #: 66
Topic #: 4

[All IFoA_CAA_M0 Questions]

Identify the condition that fully describes the existence of independence between two events A and B.

AP(A|B) = P(A)/P(B) and P(B|A) = P(B)/P(A)

BP(A|B) = P(A) - P(B) and P(B|A) = P(B)- P(A)

CP(A|B) = P(A) and P(B|A) = P(B)

DP(A|B) = P(A) + P(B) and P(B|A) = P(B) + P(A)

Show Suggested Answer

Suggested Answer: A

by Mattie at Jul 18, 2024, 04:14 AM

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Cheryl

6 days ago

I'm not sure about this one. The wording is a bit confusing, but I think option C might be the right answer.

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Albina

9 days ago

Option C looks like the correct answer to me. The definition of independence between two events is that the probability of one event occurring is not affected by the other event occurring.

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Norah

10 days ago

Why do you think C is the correct answer?

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Frankie

13 days ago

I disagree, I believe the answer is C.

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Norah

17 days ago

I think the correct answer is A.

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