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CAA Global Module-0 Exam Syllabus Topics:

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

Question 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. Bar chart
B. Box plot
C. Table of data
D. Pie chart

Question 2

Evaluate

A.

B. 0
C.

D.

Question 3

Identify which of the following statements is not true.

A. The variance is the square of the standard deviation.
B. The standard deviation is a measure of how much variation from the mean exists in a probability distribution.
C. The coefficient of skewness for a symmetric distribution is 1.
D. The skewness is a measure of the asymmetry of a probability distribution about the mean.

Question 4

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

Determine which statement is true.

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

Question 5

A set of 17 observed values is being studied.
Identify which of the following statements is/are true.
I The median must be equalto one of the observed values.
II. The mean could be different from all of the observed values.
Ill If the observations are positively skewed, then the mean is less than the median IV. More than one mode is not possible.

A. III only
B. I and II only
C. II and IV only
D. I only

Solutions: