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CAA Global Module-0 Exam Syllabus Topics:

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

1. Evaluate

A)

B)

C)

D) 0

2. 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 D
B) Option B
C) Option A
D) Option C

3. Identify which of the following statements is not true.

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

4. A set of 17 observed values is being studied.
Identify which of the following statements is/are true.
I The median must be equalto one of the observed values.
II. The mean could be different from all of the observed values.
Ill If the observations are positively skewed, then the mean is less than the median IV. More than one mode is not possible.

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

5. Consider the function f(x) =x2- 5x - 3
The value of one of the roots of the above equation can be obtained by using the iteration formula

Apply the iteration formula to determine the value of the root.

A) 4.40
B) 1.54
C) 5.53
D) 0.54

Solutions: