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CAA Global Module-0 Exam Syllabus Topics:

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

1. A basketball squad contains 7 players. The team that lines up on the court tor the start of a match contains 5 ofthe players Calculate how many different teams can be fielded from the squad of 7 players

A) 35
B) 21
C) 2,520
D) 7

2. Identify which of the following statements is not always true about a probability experiment.

A) The probability of an event occurring equals the number of outcomes in the event space divided by the total number of possible outcomes in the sample space.
B) The sum of the probabilities of all possible outcomes must be 1.
C) The probability of an event must lie in [0,1].
D) The sum of the probabilities of all possible events could be more than 1

3. Evaluate

A)

B) 0
C)

D)

4. Let X be a random variable.
identify which of the following statements is correct.
A)

B)

C)

D)

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

5. A weekly pet insurance premium is given by a solution of the following equation:
4x2-11x-3 = 0
Calculate the premium.

A) -£1
B) -£0.25
C) -£0.75
D) -£3

Solutions: