CAA Global Entry exam of the Certified Actuarial Analyst qualification : Module-0

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CAA Global Module-0 Exam Syllabus Topics:

CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:

1. Two real numbers, x and y, satisfy the following inequalities:

Determine which statement is true.

A) y cannot be negative.
B) y cannot be zero.
C) y must be positive.
D) y can be negative.

2. Identify which of the following is not true about the population variance of a set of data.

A) It can be calculated as


B) Its positive square root gives the standard deviation
C) It can be calculated as
D) It is represented by the symbol

3. Determine which of the following function is equal to (2+ x)3

A) 8 + 12x + 2X2+ x3
B) 8 + 4x + 2X2+ x3
C) 1+ 3x + 3X2+ x3
D) 6+ 3x + 3X2+ x3

4. Identify which of the following non-terminating geometric series converge, for values of x such that 1 < x < 2.

A) II, III and IV
B) I, II and IV
C) II and IV
D) I and IV

5. Identify which of the following statements is correct.
A continuous random variable is one that:

A) can only take positive values.
B) can take one of a finite number of values
C) must be approximated using a discrete random variable.
D) can take one of an infinite number of values.

Solutions: