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CAA Global Module-0 Exam Overview:
| Certification Vendor: | Institute and Faculty of Actuaries (IFoA) / CAA Global |
| Exam Name: | Entry Exam – Fundamental Mathematics and Statistics (Module 0) |
| Exam Number: | CAA Module 0 |
| Exam Format: | Computer-based assessment, Multiple-choice questions |
| Real Exam Qty: | 65 |
| Available Languages: | English |
| Related Certifications: | CAA Module 1 – Finance and Financial Mathematics CAA Module 2 – Statistics and Models CAA Module 3 – Long Term Actuarial Mathematics CAA Module 4 – Short Term Actuarial Mathematics CAA Module 5 – Models and Audit Trails |
| Exam Duration: | 120 minutes |
| Recommended Training: | BPP Actuarial Education |
| Exam Registration: | CAA Global official site IFoA Certified Actuarial Analyst page |
| Sample Questions: | CAA Global Module-0 Sample Questions |
| Exam Way: | Computer-based exam delivered via Pearson VUE test centres (or approved remote delivery where applicable). |
| Pre Condition: | No formal prerequisites; serves as entry exam for CAA qualification. |
| Official Syllabus URL: | https://www.actuaries.org.uk/ |
CAA Global Module-0 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Probability and Statistics | - Descriptive statistics - Probability theory - Statistical distributions |
| Mathematical Techniques | - Mathematical notation and functions - Basic modeling concepts |
| Fundamental Mathematics | - Numerical methods - Algebra
|
CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:
1. Identify which of the following statements is correct.
A) can be greater than or less than x.
B) is equal to x.
C) is greater than x
D) is less than x
2. Identify which of the following statements is not true.
A) The variance is the square of the standard deviation.
B) The standard deviation is a measure of how much variation from the mean exists in a probability distribution.
C) The coefficient of skewness for a symmetric distribution is 1.
D) The skewness is a measure of the asymmetry of a probability distribution about the mean.
3. 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
4. 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 C
C) Option B
D) Option A
5. Calculate the scalar product of the vectors A and B. where A = (5,10, 2) and B - (2. 3, 3).
A) 136
B) (10,30,6)
C) 118
D) 46
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: B |
By Janet
