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

1. Consider the three vectors:

Determine which of (he vectors or combination of vectors shown in the options has the greatest magnitude

A) u+v
B) v-u
C) v
D) w

2. Identify which of the following is not true about the population variance of a set of data.

A) It can be calculated as


B) It is represented by the symbol

C) Its positive square root gives the standard deviation
D) It can be calculated as

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

4. Calculate the determinant of the product of the matrices given below:

A) -78
B) -60
C) -0 00227
D) -440

5.

A)

B)

C)

D)

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

Solutions: