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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:

Question 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)


Question 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


Question 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


Question 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.


Question 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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