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CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:
1. Identify which of the following statements is not true.
A) The skewness is a measure of the asymmetry of a probability distribution about the mean.
B) The standard deviation is a measure of how much variation from the mean exists in a probability distribution.
C) The variance is the square of the standard deviation.
D) The coefficient of skewness for a symmetric distribution is 1.
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) £2.48
B) £2.40
C) £1.20
D) £2.05
3. 
A)
B)
C)
D)
A) Option D
B) Option B
C) Option C
D) Option A
4. The distribution of test scores from a recent clinical drug study have been tabulated below.
Determine i) whether the distribution of test scores are symmetric positively skewed or negatively skewed, and ii) the sample median value.
A) i) Positively skewed, ii) 3
B) i) Negatively skewed, ii) 3
C) i) Positively skewed, ii)
D) i) Symmetric, ii) 4
5. Multiplythe following two matrices together.
A)
B)
C)
D)
A) Option D
B) Option B
C) Option C
D) Option A
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: C |
By Cornelia
