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CAA Global Module-0 Exam Syllabus Topics:

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

1. Express the following using Pi notation:

A)

B)

C)

D)

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

2. The distribution of test scores from a recent clinical drug study have been tabulated below.
Determine i) whether the distribution of test scores are symmetric positively skewed or negatively skewed, and ii) the sample median value.

A) i) Symmetric, ii) 4
B) i) Positively skewed, ii) 3
C) i) Positively skewed, ii)
D) i) Negatively skewed, ii) 3

3. A weekly pet insurance premium is given by a solution of the following equation:
4x2-11x-3 = 0
Calculate the premium.

A) -£3
B) -£0.75
C) -£0.25
D) -£1

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

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

5. Calculate the determinant of the product of the matrices given below:

A) -440
B) -60
C) -0 00227
D) -78

Solutions: