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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 is represented by the symbol

B) It can be calculated as


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

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

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

3. Identify the necessary and sufficient condition under which the quadratic equation ax2+ 2a2x + a3= 0 hasone repeated real root.

A) a0
B) a>0
C) a<0
D) a = 0

4. Determine which of the following statements is not true about the binomial expansion of (1+x)p, assuming p is real.

A) it converges when p is a p positive integer.
B)

C)

D)

5. Consider the function f(x) =x2- 5x - 3
The value of one of the roots of the above equation can be obtained by using the iteration formula

Apply the iteration formula to determine the value of the root.

A) 5.53
B) 4.40
C) 0.54
D) 1.54

Solutions: