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

1. Let X be a random variable.
identify which of the following statements is correct.
A)

B)

C)

D)

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

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) It can be calculated as


D) Its positive square root gives the standard deviation

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

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

4. The particular solution of the second-order difference equation

Determine the values of(A, B).

A) (-2, 3)
B) (-3, 2)
C) (-2,5)
D) (5,-2)

5. Consider the following definite integral:

Determine for which combination of a and b the integral converges.
A)

B)

C)

D)

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

Solutions: