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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. £2.05
C. £2.40
D. £2.48

Question 2

Consider the function f(x) =x2- 5x - 3
The value of one of the roots of the above equation can be obtained by using the iteration formula

Apply the iteration formula to determine the value of the root.

A. 4.40
B. 5.53
C. 0.54
D. 1.54

Question 3

Calculate the single extreme point of the function:

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

Question 4

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

A. Its positive square root gives the standard deviation
B. It can be calculated as


C. It is represented by the symbol

D. It can be calculated as

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

Solutions: