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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Arlette

1 months ago

Independence? More like codependence if you ask me. These events are like a couple that can't decide if they want to be together or not. Option C, where they just go their separate ways, sounds like the healthiest choice.

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Cherelle

1 days ago

Exactly, that way they can be truly independent.

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Olive

17 days ago

Yeah, they should just do their own thing and not rely on each other.

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Luz

25 days ago

I think option C is the right choice for independence between events A and B.

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Theron

2 months ago

Ah, the age-old question of independence. It's like trying to herd cats - just when you think you've got it, they scatter in all directions! Option C seems the most logical, but who knows, maybe the exam writers are feeling mischievous today.

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Luisa

9 days ago

User 3: I agree, it's all about those conditional probabilities.

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Luis

18 days ago

User 2: Yeah, it makes sense that if A and B are independent, the probability of A given B is just the probability of A.

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Maynard

24 days ago

User 1: I think option C is the right one.

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Fannie

2 months ago

This question is making my head spin! I need to go back and review my probability concepts. Maybe I'll just guess and hope for the best.

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Cheryl

2 months 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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Corinne

1 days ago

Exactly. It means that the occurrence of one event does not affect the probability of the other event happening.

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Izetta

1 months ago

That makes sense. So if the probability of A given B is the same as the probability of A, and the probability of B given A is the same as the probability of B, then the events are independent.

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Casie

1 months ago

Option C is correct. Independence between two events A and B is fully described when P(A|B) = P(A) and P(B|A) = P(B).

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Albina

2 months 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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Matt

1 months ago

Yes, that's right. Independence between two events means that the occurrence of one event does not change the probability of the other event happening.

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