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CAA Global Module-0 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Introduction to Actuarial Concepts | 10% | - Basic actuarial applications - Overview of actuarial work and risk management |
| Fundamental Mathematics | 30% | - Numerical methods - Sequences and series - Mathematical constants and standard functions - Differential and integral calculus - Algebra, equations and inequalities |
| Probability and Statistics | 40% | - Discrete and continuous probability distributions - Data presentation and analysis - Basic probability theory - Statistical inference and hypothesis testing - Measures of location, dispersion and correlation |
| Financial Mathematics Basics | 20% | - Annuities and perpetuities - Interest rates and discounting - Basic investment and cash flow concepts - Time value of money |
CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:
1. Calculate the determinant of the product of the matrices given below:
A) -0 00227
B) -60
C) -78
D) -440
2. Calculate
A) 951.84
B) 399.68
C) 337.84
D) 58.88
3. A basketball squad contains 7 players. The team that lines up on the court tor the start of a match contains 5 ofthe players Calculate how many different teams can be fielded from the squad of 7 players
A) 35
B) 21
C) 2,520
D) 7
4. Let x and y be two positive real numbers.
Rewrite the following equation such that y becomes the subject of the formula:
A)
B)
C)
D)
A) Option D
B) Option A
C) Option B
D) Option C
5. Identify which of the following statements about the mean of a data set is correct.
A) It is a measure of the spread of the data.
B) It is a measure of the central tendency of the data.
C) It is a measure of the variability of the data.
D) It is a measure of the range of the data.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: A |







