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

1. Let a and b be two positive numbers and let m and n be two positive integers.
Identify which of the followingequalities is false.
A)

B)

C)

D)

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

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) 1.54
B) 0.54
C) 5.53
D) 4.40

3. Let X and Y be two independent random variables.
Identify which of the following statements is false.

A) E[X2] = E[X]E[X]
B) E[X-Y] =E [X] - E [Y]
C) E[2X] = 2E [X
D) E [XY] E [X] E [Y]

4. Evaluate

A)

B)

C)

D) 0

5. Determine

A)

B)

C)

D)

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

Solutions: