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CAA Global Module-0 Exam Syllabus Topics:

SectionObjectives
Topic 1: Probability- Probability Fundamentals
  • 1. Independent events
  • 2. Conditional probability
  • 3. Basic probability rules
Topic 2: Basic Mathematics- Functions and Equations
  • 1. Quadratic equations
  • 2. Graphs and functions
  • 3. Linear equations
- Arithmetic
  • 1. Ratios and proportions
  • 2. Fractions and percentages
  • 3. Algebraic manipulation
Topic 3: Statistics- Statistical Concepts
  • 1. Sampling concepts
  • 2. Basic distributions
  • 3. Statistical calculations
- Descriptive Statistics
  • 1. Data presentation and interpretation
  • 2. Variance and standard deviation
  • 3. Mean, median and mode

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

1. Identify which of the following statements is correct.

A) n in (x)
B) In (nx)
C) In(x)+ in(n)
D) x in(n)


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

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


3. Consider the function

Calculate the anti-derivative of f(x).
A)

B)

C)

D)

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


4. Identify which of the following statements about the mean of a data set is correct.

A) It is a measure of the variability of the data.
B) It is a measure of the spread of the data.
C) It is a measure of the range of the data.
D) It is a measure of the central tendency of the data.


5. 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) I and IV only
C) II and III only
D) I and II only


Solutions:

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

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