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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

The particular solution of the second-order difference equation

Determine the values of(A, B).

A. (-3, 2)
B. (5,-2)
C. (-2, 3)
D. (-2,5)

Question 2

A set of 17 observed values is being studied.
Identify which of the following statements is/are true.
I The median must be equalto one of the observed values.
II. The mean could be different from all of the observed values.
Ill If the observations are positively skewed, then the mean is less than the median IV. More than one mode is not possible.

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

Question 3

Determine

A)

B)

C)

D)

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

Question 4

Identify which of the following statements is correct.

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

Question 5

Identify which of the following statements is not true.

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

Solutions: