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 correct.

A) n in (x)
B) In (nx)
C) In(x)+ in(n)
D) x in(n)

2. Identify which of the following statements are true.
I.Skewness measures how peaked a set of data is
II.Skewness is a measure of asymmetry of the distribution of the data about its mean.
III. For a symmetrically distributed data, the mean equals the median but not necessarily the mode IV. The value of a measure of skewness can be positive, zero or negative.

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

3. Calculate the single extreme point of the function:

A) (0,4)
B) (0,2)
C) (0.1)
D) (1.1)

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

Determine the values of(A, B).

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

5. Determine the binomial expansion of (2x-X2)3.

A) -x8+2xa-4x4+8x3
B) -X6+8x3
C) -x6+3x5-3x4+x3
D) -x6+2x5-4x4+8x3

Solutions: