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CAA Global Module-0 - Entry exam of the Certified Actuarial Analyst qualification

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Total 58 questions

A snack bar does not give an itemised bill tor drinks In the past three visits, the total bills have been:

1) Three teas, two coffees and one lemonade cost £9.80

2) One tea four coffees and two lemonades cost £13.60

3) Two teas, two coffees andtwo lemonades cost£10

Calculate the price for a single coffee, given the prices have been the same for the three visits.

A.

£1.20

B.

£2.05

C.

£2.48

D.

£2.40

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.

Table of data

B.

Pie chart

C.

Bar chart

D.

Box plot

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

Determine which statement is true.

A.

y must be positive.

B.

y can be negative.

C.

y cannot be negative.

D.

y cannot be zero.

Let a and b be two positive numbers and let m and n be two positive integers.

Identify which of the followingequalities is false.

A)

B)

C)

D)

A.

Option A

B.

Option B

C.

Option C

D.

Option D

Differentiate with respect to X:

A)

B)

C)

D)

A.

Option A

B.

Option B

C.

Option C

D.

Option D

Consider the three vectors:

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

A.

v-u

B.

u+v

C.

v

D.

w

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 A

B.

Option B

C.

Option C

D.

Option D

Determine

A)

B)

C)

D)

A.

Option A

B.

Option B

C.

Option C

D.

Option D

Calculate the sum of the following series: 3, -6,12, -24,..., -1.536.

A.

3,069

B.

-1,023

C.

-3,833

D.

-60

A.

986

B.

1.224

C.

3,286

D.

2,056