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CAA Global Module-0 Exam Syllabus Topics:

SectionObjectives
Topic 1: Probability and Statistics- Statistical distributions
- Probability theory
- Descriptive statistics
Topic 2: Fundamental Mathematics- Numerical methods
- Algebra
  • 1. Equations and functions
    • 2. Differentiation and integration basics
      Topic 3: Mathematical Techniques- Basic modeling concepts
      - Mathematical notation and functions

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

      1. Let X be a continuous random variable with probability density function f(x) that is defined over all real numbers.
      DefineE[g(X)]whereg(x)is a continuous function.
      A)

      B)

      C)

      D)

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


      2. A student is trying to estimate the root of the equation
      Determine which of the suggestions will lead to the root.

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


      3. Let x and y be two positive real numbers.
      Rewrite the following equation such that y becomes the subject of the formula:

      A)

      B)

      C)

      D)

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


      4. Let a and b be two positive numbers and let m and n be two positive integers.
      Identify which of the followingequalities is false.
      A)

      B)

      C)

      D)

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


      5. Identify which of the following statements is not always true about a probability experiment.

      A) The probability of an event must lie in [0,1].
      B) The probability of an event occurring equals the number of outcomes in the event space divided by the total number of possible outcomes in the sample space.
      C) The sum of the probabilities of all possible events could be more than 1
      D) The sum of the probabilities of all possible outcomes must be 1.


      Solutions:

      Question # 1
      Answer: C
      Question # 2
      Answer: D
      Question # 3
      Answer: D
      Question # 4
      Answer: B
      Question # 5
      Answer: C

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