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

1. Suppose A and B are two events and that A denotes the complement of A.
Identify the false statement.
A)

B)

C)

D)

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

2. 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

3. Identify which of the following statements is not true.

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

4. A snack bar does not give an itemised bill tor drinks In the past three visits, the total bills have been:
1) Three teas, two coffees and one lemonade cost £9.80
2) One tea four coffees and two lemonades cost £13.60
3) Two teas, two coffees andtwo lemonades cost£10
Calculate the price for a single coffee, given the prices have been the same for the three visits.

A) £1.20
B) £2.40
C) £2.48
D) £2.05

5. Determine which of the following function is equal to (2+ x)3

A) 1+ 3x + 3X2+ x3
B) 8 + 12x + 2X2+ x3
C) 6+ 3x + 3X2+ x3
D) 8 + 4x + 2X2+ x3

Solutions: