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

1. Identify which of the following is not true about the population variance of a set of data.

A) It can be calculated as
B) It is represented by the symbol

C) Its positive square root gives the standard deviation
D) It can be calculated as

2. Calculate the single extreme point of the function:

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

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. Calculate the sum of the following series: 3, -6,12, -24,..., -1.536.

A) -1,023
B) -3,833
C) -60
D) 3,069

5. Identify which of the following statements is true,where X is a discrete random variable that exists over the domain [a. b], and F(x) is its distribution function.
A)

B)

C)

D)

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

Solutions: