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CAA Global Module-0 Exam Syllabus Topics:

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

1. A weekly pet insurance premium is given by a solution of the following equation:
4x2-11x-3 = 0
Calculate the premium.

A) -£0.25
B) -£1
C) -£0.75
D) -£3

2. Consider the following definite integral:

Determine for which combination of a and b the integral converges.
A)

B)

C)

D)

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

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

A) Its positive square root gives the standard deviation
B) It can be calculated as


C) It is represented by the symbol

D) It can be calculated as

4. Simplify the expression:

A)

B)

C)

D)

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

5. Identify which of the following statements is not true.

A) The skewness is a measure of the asymmetry of a probability distribution about the mean.
B) The coefficient of skewness for a symmetric distribution is 1.
C) The standard deviation is a measure of how much variation from the mean exists in a probability distribution.
D) The variance is the square of the standard deviation.

Solutions: