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CAA Global Module-0 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Fundamental Mathematics | 30% | - Algebra, equations and inequalities - Numerical methods - Mathematical constants and standard functions - Sequences and series - Differential and integral calculus |
| Probability and Statistics | 40% | - Measures of location, dispersion and correlation - Basic probability theory - Data presentation and analysis - Statistical inference and hypothesis testing - Discrete and continuous probability distributions |
| Introduction to Actuarial Concepts | 10% | - Basic actuarial applications - Overview of actuarial work and risk management |
| Financial Mathematics Basics | 20% | - Interest rates and discounting - Annuities and perpetuities - Time value of money - Basic investment and cash flow concepts |
CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:
1. The distribution of test scores from a recent clinical drug study have been tabulated below.
Determine i) whether the distribution of test scores are symmetric positively skewed or negatively skewed, and ii) the sample median value.
A) i) Positively skewed, ii) 3
B) i) Negatively skewed, ii) 3
C) i) Positively skewed, ii)
D) i) Symmetric, ii) 4
2. Identify which of the following statements about statistical measures for a set of data is false.
A) The range is always greater than or equal to zero.
B) The range can be greater than the largest value.
C) The sample variance is always smaller than or equal to the largest value.
D) The sample variance is always greater than or equal to zero.
3. The particular solution of the second-order difference equation
Determine the values of(A, B).
A) (-2, 3)
B) (-2,5)
C) (-3, 2)
D) (5,-2)
4. Determine the binomial expansion of (2x-X2)3.
A) -x6+3x5-3x4+x3
B) -x6+2x5-4x4+8x3
C) -X6+8x3
D) -x8+2xa-4x4+8x3
5. Let X be a random variable.
identify which of the following statements is correct.
A)
B)
C)
D)
A) Option D
B) Option A
C) Option C
D) Option B
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: D |
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