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

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

A) It can be calculated as


B) It is represented by the symbol

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

2. Identify which of the following non-terminating geometric series converge, for values of x such that 1 < x < 2.

A) I and IV
B) II and IV
C) I, II and IV
D) II, III and IV

3. Two real numbers, x and y, satisfy the following inequalities:

Determine which statement is true.

A) y cannot be negative.
B) y can be negative.
C) y cannot be zero.
D) y must be positive.

4. The particular solution of the second-order difference equation

Determine the values of(A, B).

A) (-2,5)
B) (5,-2)
C) (-2, 3)
D) (-3, 2)

5. Consider the three vectors:

Determine which of (he vectors or combination of vectors shown in the options has the greatest magnitude

A) v
B) w
C) u+v
D) v-u

Solutions: