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

1. Identify which of the following statements is correct.

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

2. A student is trying to estimate the root of the equation
Determine which of the suggestions will lead to the root.

A) II and III only
B) I and IV only
C) II and IV only
D) I and II only

3. Identify which of the following statements is correct.
For a continuous random variable X, the distribution function evaluated at X= x measures:

A) P(X = x)
B) P(xx)
C) P(X<x)
D) P(X>x)

4. In an Olympic Race there are 100 competitors.
Calculate the number of ways of distributing the Gold. Silver and Bronze medals amongst all of the competitors.
A)

B)

C)

D)

A) Option D
B) Option C
C) Option A
D) Option B

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

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

Solutions: