CAA Global Entry exam of the Certified Actuarial Analyst qualification : Module-0 exam

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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 single extreme point of the function:

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

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

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

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

Determine the values of(A, B).

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

4. Identify the necessary and sufficient condition under which the quadratic equation ax2+ 2a2x + a3= 0 hasone repeated real root.

A) a0
B) a<0
C) a>0
D) a = 0

5. Determine the binomial expansion of (2x-X2)3.

A) -x8+2xa-4x4+8x3
B) -X6+8x3
C) -x6+3x5-3x4+x3
D) -x6+2x5-4x4+8x3

Solutions: