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CAA Global Module-0 Exam Syllabus Topics:

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

1. Consider the function f(x) =x2- 5x - 3
The value of one of the roots of the above equation can be obtained by using the iteration formula

Apply the iteration formula to determine the value of the root.

A) 0.54
B) 4.40
C) 1.54
D) 5.53

2. Identify which of the following statements is correct.
For a continuous random variable X, the distribution function evaluated at X= x measures:

A) P(X = x)
B) P(xx)
C) P(X<x)
D) P(X>x)

3. Differentiate with respect to X:

A)

B)

C)

D)

A) Option D
B) Option A
C) Option B
D) Option C

4. Let X be a random variable.
identify which of the following statements is correct.
A)

B)

C)

D)

A) Option D
B) Option A
C) Option B
D) Option C

5. A snack bar does not give an itemised bill tor drinks In the past three visits, the total bills have been:
1) Three teas, two coffees and one lemonade cost £9.80
2) One tea four coffees and two lemonades cost £13.60
3) Two teas, two coffees andtwo lemonades cost£10
Calculate the price for a single coffee, given the prices have been the same for the three visits.

A) £2.05
B) £1.20
C) £2.40
D) £2.48

Solutions: