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CAA Global Module-0 Exam Syllabus Topics:

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

1. Calculate the sum of the following series: 3, -6,12, -24,..., -1.536.

A) 3,069
B) -3,833
C) -60
D) -1,023

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

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

3. 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 maximum stationary point because the second derivative of the function with respect to x takes the value 2, which is positive.
B) It is a minimum stationary point because the value of the function at x = 3 is 11, which is positive.
C) It is a maximum stationary point because the value of the function at x = 3 is 11, which is positive.
D) It is a minimum stationary point because the second derivative of the function with respect to x takes the value 2 which is positive.

4. Two real numbers, x and y, satisfy the following inequalities:

Determine which statement is true.

A) y can be negative.
B) y cannot be zero.
C) y must be positive.
D) y cannot be negative.

5. 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) Symmetric, ii) 4
B) i) Negatively skewed, ii) 3
C) i) Positively skewed, ii) 3
D) i) Positively skewed, ii)

Solutions: