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CAA Global Module-0 Exam Syllabus Topics:

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

Question 1

Let X and Y be two independent random variables.
Identify which of the following statements is false.

A. E [XY] E [X] E [Y]
B. E[2X] = 2E [X
C. E[X-Y] =E [X] - E [Y]
D. E[X2] = E[X]E[X]

Question 2

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 A
C. Option C
D. Option B

Question 3

Simplify the expression:

A)

B)

C)

D)

A. Option D
B. Option A
C. Option C
D. Option B

Question 4

Identify the necessary and sufficient condition under which the quadratic equation ax2+ 2a2x + a3= 0 hasone repeated real root.

A. a<0
B. a>0
C. a0
D. a = 0

Question 5

Identify which of the following quantities can always be derived from a box plot of a data set.
I.Mean
II.Median
III. Mode
IV. Range
V.Sample size

A. I and III only
B. IV and V only
C. I and II only
D. II and IV only

Solutions: