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

1. Consider the following definite integral:

Determine for which combination of a and b the integral converges.
A)

B)

C)

D)

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

2. Identify which of the following statements is correct.
A continuous random variable is one that:

A) must be approximated using a discrete random variable.
B) can take one of an infinite number of values.
C) can only take positive values.
D) can take one of a finite number of values

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

A) It is represented by the symbol

B) Its positive square root gives the standard deviation
C) It can be calculated as


D) It can be calculated as

4. In an Olympic Race there are 100 competitors.
Calculate the number of ways of distributing the Gold. Silver and Bronze medals amongst all of the competitors.
A)

B)

C)

D)

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

5. Express the following using Pi notation:

A)

B)

C)

D)

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

Solutions: