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CAA Global Module-0 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Fundamental Mathematics | - Algebra
|
| Topic 2: Probability and Statistics | - Descriptive statistics - Probability theory - Statistical distributions |
| Topic 3: Mathematical Techniques | - Mathematical notation and functions - Basic modeling concepts |
CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:
1. Identify which of the following statements is not always true about a probability experiment.
A) The sum of the probabilities of all possible events could be more than 1
B) The sum of the probabilities of all possible outcomes must be 1.
C) The probability of an event must lie in [0,1].
D) The probability of an event occurring equals the number of outcomes in the event space divided by the total number of possible outcomes in the sample space.
2. The volume of a cone can be determined by summing up the infinitesimal circular cross-sections of the cone across the length of the cone Consider the function f(x) = x2 for x contained in [0,1].
Now consider an infinitesimal circular cross-sectional element of width dx and radius r = f(x) Determine the volume of the cone enclosedby the function f(x) by considering the volume of each circular cross-sectional element (Recall thatthe sum of infinitesimal elements can be represented as an integral Recall also that the area of a
circle is
A)
B)
C)
D)
1
A) Option D
B) Option A
C) Option B
D) Option C
3. The particular solution of the second-order difference equation
Determine the values of(A, B).
A) (-3, 2)
B) (-2,5)
C) (5,-2)
D) (-2, 3)
4. Two real numbers, x and y, satisfy the following inequalities:
Determine which statement is true.
A) y can be negative.
B) y must be positive.
C) y cannot be negative.
D) y cannot be zero.
5. Let x and y be two positive real numbers.
Rewrite the following equation such that y becomes the subject of the formula:
A)
B)
C)
D)
A) Option D
B) Option A
C) Option B
D) Option C
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: D |








