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CAA Global Module-0 Exam Syllabus Topics:

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

1. Calculate

A) 337.84
B) 951.84
C) 399.68
D) 58.88

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

Determine the values of(A, B).

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

3. Identify which of the following statements is not true about the probability density function of a continuous random variable.

A) Integrating it across its domain must produce an answer of 1.
B) Differentiating it gives the cumulative distribution function.
C) It could be greater than 1.
D) It must be non-negative.

4. Let x and y be two positive real numbers.
Rewrite the following equation such that y becomes the subject of the formula:

A)

B)

C)

D)

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

5. Consider the function f(x)x2 6x=20. This functions has a stationary point at x=3.
Determine the nature of this stationary point and how we know this to be true.

A) It is a minimum stationary point because the second derivative of the function with respect to x takes the value 2 which is positive.
B) It is a minimum stationary point because the value of the function at x = 3 is 11, which is positive.
C) It is a maximum stationary point because the second derivative of the function with respect to x takes the value 2, which is positive.
D) It is a maximum stationary point because the value of the function at x = 3 is 11, which is positive.

Solutions: