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CAA Global Module-0 Exam Syllabus Topics:

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

1. Identify which of the following non-terminating geometric series converge, for values of x such that 1 < x < 2.

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

2. Express the following using Pi notation:

A)

B)

C)

D)

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

3. Identify which of the following statements about the mean of a data set is correct.

A) It is a measure of the central tendency of the data.
B) It is a measure of the variability of the data.
C) It is a measure of the range of the data.
D) It is a measure of the spread of the data.

4. Identify which of the following statements about statistical measures for a set of data is false.

A) The sample variance is always smaller than or equal to the largest value.
B) The range can be greater than the largest value.
C) The sample variance is always greater than or equal to zero.
D) The range is always greater than or equal to zero.

5. 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[X-Y] =E [X] - E [Y]
C) E[X2] = E[X]E[X]
D) E[2X] = 2E [X

Solutions: