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CAA Global Module-0 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Basic Mathematics | - Arithmetic
|
| Statistics | - Descriptive Statistics
|
| Probability | - Probability Fundamentals
|
CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:
1. Determine which of the following function is equal to (2+ x)3
A) 1+ 3x + 3X2+ x3
B) 8 + 4x + 2X2+ x3
C) 8 + 12x + 2X2+ x3
D) 6+ 3x + 3X2+ x3
2. Identify which of the following is not true about the population variance of a set of data.
A) It can be calculated as
B) It can be calculated as
C) It is represented by the symbol
D) Its positive square root gives the standard deviation
3. 
Calculate the minimum value of f.
A) -0.50
B) 0.00
C) -0.25
D) -0.75
4. A weekly pet insurance premium is given by a solution of the following equation:
4x2-11x-3 = 0
Calculate the premium.
A) -£0.75
B) -£1
C) -£3
D) -£0.25
5. Consider the function f(x)x2 6x=20. This functions has a stationary point at x=3.
Determine the nature of this stationary point and how we know this to be true.
A) It is a minimum stationary point because the value of the function at x = 3 is 11, which is positive.
B) It is a minimum stationary point because the second derivative of the function with respect to x takes the value 2 which is positive.
C) It is a maximum stationary point because the second derivative of the function with respect to x takes the value 2, which is positive.
D) It is a maximum stationary point because the value of the function at x = 3 is 11, which is positive.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: A |







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