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

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

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

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) II and IV only
C) I and II only
D) III only

3. Calculate the single extreme point of the function:

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

4. Let X be a continuous random variable with probability density function f(x) that is defined over all real numbers.
DefineE[g(X)]whereg(x)is a continuous function.
A)

B)

C)

D)

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

5. Identify which of the following statements is correct.

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

Solutions: