Prepare with CAA Global Module-0 exam torrent, pass for sure
Updated: Jul 02, 2026
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CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:
1. 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) 0.54
D) 5.53
2. A snack bar does not give an itemised bill tor drinks In the past three visits, the total bills have been:
1) Three teas, two coffees and one lemonade cost £9.80
2) One tea four coffees and two lemonades cost £13.60
3) Two teas, two coffees andtwo lemonades cost£10
Calculate the price for a single coffee, given the prices have been the same for the three visits.
A) £1.20
B) £2.05
C) £2.48
D) £2.40
3. Let X and Y be two independent random variables.
Identify which of the following statements is false.
A) E[X2] = E[X]E[X]
B) E[X-Y] =E [X] - E [Y]
C) E [XY] E [X] E [Y]
D) E[2X] = 2E [X
4. The volume of a cone can be determined by summing up the infinitesimal circular cross-sections of the cone across the length of the cone Consider the function f(x) = x2 for x contained in [0,1].
Now consider an infinitesimal circular cross-sectional element of width dx and radius r = f(x) Determine the volume of the cone enclosedby the function f(x) by considering the volume of each circular cross-sectional element (Recall thatthe sum of infinitesimal elements can be represented as an integral Recall also that the area of a
circle is
A)
B)
C)
D)
1
A) Option D
B) Option A
C) Option C
D) Option B
5. Identify which of the following statements is not true.
A) The skewness is a measure of the asymmetry of a probability distribution about the mean.
B) The variance is the square of the standard deviation.
C) The standard deviation is a measure of how much variation from the mean exists in a probability distribution.
D) The coefficient of skewness for a symmetric distribution is 1.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: C |
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