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CAA Global Module-0 Exam Syllabus Topics:

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

1. The particular solution of the second-order difference equation

Determine the values of(A, B).

A) (-2, 3)
B) (5,-2)
C) (-3, 2)
D) (-2,5)

2. Calculate the single extreme point of the function:

A) (0,4)
B) (1.1)
C) (0,2)
D) (0.1)

3. A weekly pet insurance premium is given by a solution of the following equation:
4x2-11x-3 = 0
Calculate the premium.

A) -£3
B) -£1
C) -£0.25
D) -£0.75

4. Let X and Y be two independent random variables.
Identify which of the following statements is false.

A) E [XY] E [X] E [Y]
B) E[X-Y] =E [X] - E [Y]
C) E[X2] = E[X]E[X]
D) E[2X] = 2E [X

5.

A) 2,056
B) 1.224
C) 986
D) 3,286

Solutions: