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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: Jul 28, 2026
  • Q & A: 57 Questions and Answers
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CAA Global Module-0 Exam Syllabus Topics:

SectionObjectives
Topic 1: Statistics- Descriptive Statistics
  • 1. Variance and standard deviation
  • 2. Data presentation and interpretation
  • 3. Mean, median and mode
- Statistical Concepts
  • 1. Basic distributions
  • 2. Statistical calculations
  • 3. Sampling concepts
Topic 2: Probability- Probability Fundamentals
  • 1. Basic probability rules
  • 2. Independent events
  • 3. Conditional probability
Topic 3: Basic Mathematics- Arithmetic
  • 1. Ratios and proportions
  • 2. Algebraic manipulation
  • 3. Fractions and percentages
- Functions and Equations
  • 1. Graphs and functions
  • 2. Quadratic equations
  • 3. Linear equations

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

1. Multiplythe following two matrices together.

A)

B)

C)

D)

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


2. A snack bar does not give an itemised bill tor drinks In the past three visits, the total bills have been:
1) Three teas, two coffees and one lemonade cost £9.80
2) One tea four coffees and two lemonades cost £13.60
3) Two teas, two coffees andtwo lemonades cost£10
Calculate the price for a single coffee, given the prices have been the same for the three visits.

A) £1.20
B) £2.05
C) £2.40
D) £2.48


3. Identify which of the following statements is true,where X is a discrete random variable that exists over the domain [a. b], and F(x) is its distribution function.
A)

B)

C)

D)

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


4. Determine the stationary point(s) for the following function

A) Maximum at x = 1 and maximum at x = 3.
B) Minimum at x = -3 and maximum at x = -1.
C) Minimum at x = 1 and minimum at x = 3.
D) Minimum at x = -1 and maximum at x = -3.


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

B)

C)

D)

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


Solutions:

Question # 1
Answer: C
Question # 2
Answer: C
Question # 3
Answer: D
Question # 4
Answer: D
Question # 5
Answer: A

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