Prepare for the IFoA Certified Actuarial Analyst exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.
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Consider a function f which has three variables, x1, x2 and x3.
Identify which of the following gives a correct definition of a partial derivative of the function f.
An individual purchases a share in a company at a price of 45. Six months later he sells the share for 39.
Calculate the percentage change in the value of the share over the six month period, correct to one decimal place.
Assuming the position of the first quartile of an appropriately ordered dataset is given by
and the position of the third quartile of an appropriately ordered dataset is given by
Calculatethe range and interquartile range of the above dataset.
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