Entry exam of the Certified Actuarial Analyst qualification Module-0 exam vce dumps preparation

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

1.
Calculate the minimum value of f.

A) -0.75
B) 0.00
C) -0.50
D) -0.25

2. Consider the function f(x)x2 6x=20. This functions has a stationary point at x=3.
Determine the nature of this stationary point and how we know this to be true.

A) It is a maximum stationary point because the second derivative of the function with respect to x takes the value 2, which is positive.
B) It is a maximum stationary point because the value of the function at x = 3 is 11, which is positive.
C) It is a minimum stationary point because the value of the function at x = 3 is 11, which is positive.
D) It is a minimum stationary point because the second derivative of the function with respect to x takes the value 2 which is positive.

3. 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) I and III only
B) IV and V only
C) II and IV only
D) I and II only

4. Let X and Y be two independent random variables.
Identify which of the following statements is false.

A) E [XY] E [X] E [Y]
B) E[2X] = 2E [X
C) E[X2] = E[X]E[X]
D) E[X-Y] =E [X] - E [Y]

5. Identify which of the following non-terminating geometric series converge, for values of x such that 1 < x < 2.

A) I, II and IV
B) I and IV
C) II, III and IV
D) II and IV

Solutions: