CAA Global Module-0 Exam : 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. Let X be a continuous random variable with probability density function f(x) that is defined over all real numbers.
DefineE[g(X)]whereg(x)is a continuous function.
A)

B)

C)

D)

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

2. The particular solution of the second-order difference equation

Determine the values of(A, B).

A) (5,-2)
B) (-3, 2)
C) (-2,5)
D) (-2, 3)

3. Identify which of the following statements about statistical measures for a set of data is false.

A) The sample variance is always smaller than or equal to the largest value.
B) The range can be greater than the largest value.
C) The range is always greater than or equal to zero.
D) The sample variance is always greater than or equal to zero.

4. Let a and b be two positive numbers and let m and n be two positive integers.
Identify which of the followingequalities is false.
A)

B)

C)

D)

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

5. Suppose A and B are two events and that A denotes the complement of A.
Identify the false statement.
A)

B)

C)

D)

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

Solutions: