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

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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

Identify which of the following statements is not true.

A. The coefficient of skewness for a symmetric distribution is 1.
B. The skewness is a measure of the asymmetry of a probability distribution about the mean.
C. The standard deviation is a measure of how much variation from the mean exists in a probability distribution.
D. The variance is the square of the standard deviation.

Question 2

Multiplythe following two matrices together.

A)

B)

C)

D)

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

Question 3

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

Question 4

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)

Question 5

Identify which of the following statements is not true about the probability density function of a continuous random variable.

A. Differentiating it gives the cumulative distribution function.
B. It must be non-negative.
C. It could be greater than 1.
D. Integrating it across its domain must produce an answer of 1.

Solutions: