CAA Global Module-0 Exam Questions : 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. In an Olympic Race there are 100 competitors.
Calculate the number of ways of distributing the Gold. Silver and Bronze medals amongst all of the competitors.
A)

B)

C)

D)

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

2. 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) 1.54
B) 0.54
C) 5.53
D) 4.40

3. Determine the stationary point(s) for the following function

A) Minimum at x = 1 and minimum at x = 3.
B) Minimum at x = -3 and maximum at x = -1.
C) Minimum at x = -1 and maximum at x = -3.
D) Maximum at x = 1 and maximum at x = 3.

4. Identify which of the following statements is correct.

A) can be greater than or less than x.
B) is greater than x
C) is less than x
D) is equal to x.

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

Solutions: