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

1. A basketball squad contains 7 players. The team that lines up on the court tor the start of a match contains 5 ofthe players Calculate how many different teams can be fielded from the squad of 7 players

A) 7
B) 21
C) 35
D) 2,520

2. Identify which of the following non-terminating geometric series converge, for values of x such that 1 < x < 2.

A) I and IV
B) II, III and IV
C) II and IV
D) I, II and IV

3. Identify which of the following statements about statistical measures for a set of data is false.

A) The range can be greater than the largest value.
B) The sample variance is always smaller than or equal to the largest value.
C) The range is always greater than or equal to zero.
D) The sample variance is always greater than or equal to zero.

4. Identify which of the following quantities can always be derived from a box plot of a data set.
I.Mean
II.Median
III. Mode
IV. Range
V.Sample size

A) I and II only
B) IV and V only
C) II and IV only
D) I and III only

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

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

Solutions: