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

1. Express the following using Pi notation:

A)

B)

C)

D)

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

2. Multiplythe following two matrices together.

A)

B)

C)

D)

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

3. Identify which of the following values is represented by:

A) The total increase in the value of f(x) between A and B.
B) The average gradient off(x) between A and B.
C) The total area under the graph of f(x) between A and B.
D) The change in the gradient off(x) between A and B.

4. Evaluate

A)

B)

C) 0
D)

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

Solutions: