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

1. A national newspaper wants to publish the results of a survey showing people's preferences for different types of sandwiches. Identify which of the following ways of publishing the survey results is likely to be the least useful to its readers.

A) Box plot
B) Table of data
C) Bar chart
D) Pie chart

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

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

3. Identify which of the following statements is correct.
For a continuous random variable X, the distribution function evaluated at X= x measures:

A) P(xx)
B) P(X<x)
C) P(X = x)
D) P(X>x)

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) £2.05
B) £2.40
C) £2.48
D) £1.20

5. 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.

Solutions: