Exam Name: Entry exam of the Certified Actuarial Analyst qualification
Certification Provider: CAA Global
Corresponding Certification: CAA qualification
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- Total Questions: 57
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CAA Global Module-0 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Fundamental Mathematics | - Numerical methods - Algebra
|
| Mathematical Techniques | - Basic modeling concepts - Mathematical notation and functions |
| Probability and Statistics | - Statistical distributions - Descriptive statistics - Probability theory |
CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:
Identify which of the following is not true about the population variance of a set of data.
- A. It is represented by the symbol
- B. It can be calculated as
- C. It can be calculated as
- D. Its positive square root gives the standard deviation
Correct Answer: C 🗳️
Identify which of the following statements is not true about the probability density function of a continuous random variable.
- A. Differentiating it gives the cumulative distribution function.
- B. It could be greater than 1.
- C. Integrating it across its domain must produce an answer of 1.
- D. It must be non-negative.
Correct Answer: B 🗳️
Consider the function f(x)x2 6x=20. This functions has a stationary point at x=3.
Determine the nature of this stationary point and how we know this to be true.
- A. It is a maximum stationary point because the value of the function at x = 3 is 11, which is positive.
- B. It is a minimum stationary point because the value of the function at x = 3 is 11, which is positive.
- C. It is a minimum stationary point because the second derivative of the function with respect to x takes the value 2 which is positive.
- D. It is a maximum stationary point because the second derivative of the function with respect to x takes the value 2, which is positive.
Correct Answer: B 🗳️
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(X<x)
- C. P(X>x)
- D. P(xx)
Correct Answer: B 🗳️
Two real numbers, x and y, satisfy the following inequalities:
Determine which statement is true.
- A. y cannot be negative.
- B. y can be negative.
- C. y must be positive.
- D. y cannot be zero.
Correct Answer: A 🗳️
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