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. Identify which of the following statements is not true.

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

2. Consider the function

Calculate the anti-derivative of f(x).
A)

B)

C)

D)

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

3. Identify which of the following statements is true,where X is a discrete random variable that exists over the domain [a. b], and F(x) is its distribution function.
A)

B)

C)

D)

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

4. Determine which of the following statements is not true about the binomial expansion of (1+x)p, assuming p is real.

A) it converges when p is a p positive integer.
B)

C)

D)

5. Identify the necessary and sufficient condition under which the quadratic equation ax2+ 2a2x + a3= 0 hasone repeated real root.

A) a = 0
B) a<0
C) a>0
D) a0

Solutions: