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CAA Global Module-0 real answers - Entry exam of the Certified Actuarial Analyst qualification

Module-0
  • Exam Code: Module-0
  • Exam Name: Entry exam of the Certified Actuarial Analyst qualification
  • Updated: Oct 06, 2026
  • Q & A: 57 Questions and Answers
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CAA Global Module-0 Exam Syllabus Topics:

SectionObjectives
Topic 1: Mathematical Techniques- Basic modeling concepts
- Mathematical notation and functions
Topic 2: Probability and Statistics- Descriptive statistics
- Probability theory
- Statistical distributions
Topic 3: Fundamental Mathematics- Numerical methods
- Algebra
  • 1. Equations and functions
    • 2. Differentiation and integration basics

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

      Question #1

      Identify which of the following statements is correct.
      A continuous random variable is one that:

      • A. can take one of an infinite number of values.
      • B. must be approximated using a discrete random variable.
      • C. can take one of a finite number of values
      • D. can only take positive values.
      Reveal Solution  Discussion  0

      Correct Answer: B  🗳️

      Question #2

      Identify which of the following statements is correct.

      • A. is greater than x
      • B. can be greater than or less than x.
      • C. is less than x
      • D. is equal to x.
      Reveal Solution  Discussion  0

      Correct Answer: D  🗳️

      Question #3

      Calculate the sum of the following series: 3, -6,12, -24,..., -1.536.

      • A. 3,069
      • B. -1,023
      • C. -3,833
      • D. -60
      Reveal Solution  Discussion  0

      Correct Answer: B  🗳️

      Question #4

      Let x and y be two positive real numbers.
      Rewrite the following equation such that y becomes the subject of the formula:

      A)

      B)

      C)

      D)

      • A. Option B
      • B. Option D
      • C. Option C
      • D. Option A
      Reveal Solution  Discussion  0

      Correct Answer: C  🗳️

      Question #5

      Determine which of the following function is equal to (2+ x)3

      • A. 1+ 3x + 3X2+ x3
      • B. 8 + 4x + 2X2+ x3
      • C. 6+ 3x + 3X2+ x3
      • D. 8 + 12x + 2X2+ x3
      Reveal Solution  Discussion  0

      Correct Answer: D  🗳️

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