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

1. Determine

A)

B)

C)

D)

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

2. Identify which of the following statements about the mean of a data set is correct.

A) It is a measure of the spread of the data.
B) It is a measure of the central tendency of the data.
C) It is a measure of the variability of the data.
D) It is a measure of the range of the data.

3. Calculate the single extreme point of the function:

A) (1.1)
B) (0.1)
C) (0,4)
D) (0,2)

4. Determine the binomial expansion of (2x-X2)3.

A) -x6+2x5-4x4+8x3
B) -x6+3x5-3x4+x3
C) -x8+2xa-4x4+8x3
D) -X6+8x3

5. Consider the function f(x)x2 6x=20. This functions has a stationary point at x=3.
Determine the nature of this stationary point and how we know this to be true.

A) It is a minimum stationary point because the value of the function at x = 3 is 11, which is positive.
B) It is a maximum stationary point because the second derivative of the function with respect to x takes the value 2, which is positive.
C) It is a maximum stationary point because the value of the function at x = 3 is 11, which is positive.
D) It is a minimum stationary point because the second derivative of the function with respect to x takes the value 2 which is positive.

Solutions: