CAA Global : Module-0 Questions & Answers

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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

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

Question 2

A weekly pet insurance premium is given by a solution of the following equation:
4x2-11x-3 = 0
Calculate the premium.

A. -£3
B. -£0.25
C. -£1
D. -£0.75

Question 3

Identify which of the following statements is true,where X is a discrete random variable that exists over the domain [a. b], and F(x) is its distribution function.
A)

B)

C)

D)

A. Option B
B. Option D
C. Option A
D. Option C

Question 4

A student is trying to estimate the root of the equation
Determine which of the suggestions will lead to the root.

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

Question 5

Consider the three vectors:

Determine which of (he vectors or combination of vectors shown in the options has the greatest magnitude

A. v
B. v-u
C. u+v
D. w

Solutions: