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CAA Global Module-0 Exam Syllabus Topics:

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

Question 1

A snack bar does not give an itemised bill tor drinks In the past three visits, the total bills have been:
1) Three teas, two coffees and one lemonade cost £9.80
2) One tea four coffees and two lemonades cost £13.60
3) Two teas, two coffees andtwo lemonades cost£10
Calculate the price for a single coffee, given the prices have been the same for the three visits.

A. £1.20
B. £2.40
C. £2.48
D. £2.05

Question 2

Calculate the minimum value of f.

A. 0.00
B. -0.75
C. -0.50
D. -0.25

Question 3

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

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

Question 4

Differentiate f(x) with respect to x, where
A)

B)

C)

D)

A. Option C
B. Option A
C. Option D
D. Option B

Question 5

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

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

Solutions: