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Updated: Jul 16, 2026
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CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:
1. Identify which of the following statements is correct.
A continuous random variable is one that:
A) must be approximated using a discrete random variable.
B) can only take positive values.
C) can take one of a finite number of values
D) can take one of an infinite number of values.
2. Identify the necessary and sufficient condition under which the quadratic equation ax2+ 2a2x + a3= 0 hasone repeated real root.
A) a0
B) a>0
C) a<0
D) a = 0
3. Differentiate with respect to X:
A)
B)
C)
D)
A) Option D
B) Option B
C) Option A
D) Option C
4. Identify which of the following values is represented by:
A) The average gradient off(x) between A and B.
B) The total increase in the value of f(x) between A and B.
C) The change in the gradient off(x) between A and B.
D) The total area under the graph of f(x) between A and B.
5. A weekly pet insurance premium is given by a solution of the following equation:
4x2-11x-3 = 0
Calculate the premium.
A) -£1
B) -£3
C) -£0.75
D) -£0.25
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: B |
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