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

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

2. 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.

3.

A) 1.224
B) 2,056
C) 3,286
D) 986

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

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

5. Calculate the sum of the following series: 3, -6,12, -24,..., -1.536.

A) -60
B) -3,833
C) -1,023
D) 3,069

Solutions: