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CAA Global Module-0 Exam Syllabus Topics:

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

1. Consider the three vectors:

Determine which of (he vectors or combination of vectors shown in the options has the greatest magnitude

A) v
B) v-u
C) u+v
D) w

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

A) -£0.75
B) -£0.25
C) -£1
D) -£3

3. Identify which of the following statements is correct.

A) can be greater than or less than x.
B) is less than x
C) is greater than x
D) is equal to x.

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

Determine the values of(A, B).

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

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

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

Solutions: