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CAA Global Module-0 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Probability and Statistics | 40% | - Data presentation and analysis - Measures of location, dispersion and correlation - Discrete and continuous probability distributions - Statistical inference and hypothesis testing - Basic probability theory |
| Topic 2: Fundamental Mathematics | 30% | - Numerical methods - Sequences and series - Algebra, equations and inequalities - Mathematical constants and standard functions - Differential and integral calculus |
| Topic 3: Introduction to Actuarial Concepts | 10% | - Basic actuarial applications - Overview of actuarial work and risk management |
| Topic 4: Financial Mathematics Basics | 20% | - Time value of money - Basic investment and cash flow concepts - Annuities and perpetuities - Interest rates and discounting |
CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:
1. Identify which of the following non-terminating geometric series converge, for values of x such that 1 < x < 2.
A) I, II and IV
B) I and IV
C) II, III and IV
D) II and IV
2. In an Olympic Race there are 100 competitors.
Calculate the number of ways of distributing the Gold. Silver and Bronze medals amongst all of the competitors.
A)
B)
C)
D)
A) Option A
B) Option D
C) Option B
D) Option C
3. 
A)
B)
C)
D)
A) Option A
B) Option D
C) Option B
D) Option C
4. Identify which of the following statements is correct.
A) x in(n)
B) In (nx)
C) n in (x)
D) In(x)+ in(n)
5. Identify which of the following statements is correct.
For a continuous random variable X, the distribution function evaluated at X= x measures:
A) P(X = x)
B) P(xx)
C) P(X>x)
D) P(X<x)
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: D |
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