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

1. Identify which of the following quantities can always be derived from a box plot of a data set.
I.Mean
II.Median
III. Mode
IV. Range
V.Sample size

A) IV and V only
B) I and III only
C) II and IV only
D) I and II only

2. Determine

A)

B)

C)

D)

A) Option A
B) Option D
C) Option B
D) Option C

3. The distribution of test scores from a recent clinical drug study have been tabulated below.
Determine i) whether the distribution of test scores are symmetric positively skewed or negatively skewed, and ii) the sample median value.

A) i) Positively skewed, ii) 3
B) i) Symmetric, ii) 4
C) i) Positively skewed, ii)
D) i) Negatively skewed, ii) 3

4. Determine the binomial expansion of (2x-X2)3.

A) -x8+2xa-4x4+8x3
B) -X6+8x3
C) -x6+3x5-3x4+x3
D) -x6+2x5-4x4+8x3

5. Let X be a continuous random variable with probability density function f(x) that is defined over all real numbers.
DefineE[g(X)]whereg(x)is a continuous function.
A)

B)

C)

D)

A) Option
B) Option
C) Option
D) Option

Solutions: