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CAA Global Module-0 Exam Syllabus Topics:
| Section | Weight | Objectives |
| Topic 1: Fundamental Mathematics | 30% | - Algebra, equations and inequalities
- Numerical methods
- Mathematical constants and standard functions
- Sequences and series
- Differential and integral calculus
|
| Topic 2: Probability and Statistics | 40% | - Measures of location, dispersion and correlation
- Discrete and continuous probability distributions
- Statistical inference and hypothesis testing
- Basic probability theory
- Data presentation and analysis
|
| Topic 3: Introduction to Actuarial Concepts | 10% | - Overview of actuarial work and risk management
- Basic actuarial applications
|
| Topic 4: Financial Mathematics Basics | 20% | - Time value of money
- Basic investment and cash flow concepts
- Interest rates and discounting
- Annuities and perpetuities
|
CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:
1. Simplify the expression:

A)

B)

C)

D)

A) Option C
B) Option B
C) Option A
D) Option D
2. Identify which of the following statements are true.
I.Skewness measures how peaked a set of data is
II.Skewness is a measure of asymmetry of the distribution of the data about its mean.
III. For a symmetrically distributed data, the mean equals the median but not necessarily the mode IV. The value of a measure of skewness can be positive, zero or negative.
A) I and II only
B) II, III and IV only
C) I and III only
D) II and IV only
3. Identify which of the following statements is correct.

A) In (nx)
B) x in(n)
C) n in (x)
D) In(x)+ in(n)
4. Consider the function f(x) =x2- 5x - 3
The value of one of the roots of the above equation can be obtained by using the iteration formula

Apply the iteration formula to determine the value of the root.
A) 0.54
B) 1.54
C) 4.40
D) 5.53
5. 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 C
B) Option B
C) Option A
D) Option D
Solutions:
Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: C |