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

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

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

2.

A)

B)

C)

D)

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

3. 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[X-Y] =E [X] - E [Y]
D) E[X2] = E[X]E[X]

4. Evaluate

A) 0
B)

C)

D)

5. Identify which of the following values is represented by:

A) The change in the gradient off(x) between A and B.
B) The average gradient off(x) between A and B.
C) The total increase in the value of f(x) between A and B.
D) The total area under the graph of f(x) between A and B.

Solutions: