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

A)
B)
C)
D)
A) Option D
B) Option A
C) Option C
D) Option B
3. The volume of a cone can be determined by summing up the infinitesimal circular cross-sections of the cone across the length of the cone Consider the function f(x) = x2 for x contained in [0,1].
Now consider an infinitesimal circular cross-sectional element of width dx and radius r = f(x) Determine the volume of the cone enclosedby the function f(x) by considering the volume of each circular cross-sectional element (Recall thatthe sum of infinitesimal elements can be represented as an integral Recall also that the area of a
circle is
A)
B)
C)
D)
1
A) Option D
B) Option A
C) Option C
D) Option B
4. 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)
B) i) Symmetric, ii) 4
C) i) Negatively skewed, ii) 3
D) i) Positively skewed, ii) 3
5. Determine
A)
B)
C)
D)
A) Option D
B) Option A
C) Option C
D) Option B
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: C |






