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CAA Global Module-0 : Entry exam of the Certified Actuarial Analyst qualification

Exam Code: Module-0

Exam Name: Entry exam of the Certified Actuarial Analyst qualification

Updated: Sep 06, 2026

Q & A: 57 Questions and Answers

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CAA Global Module-0 Exam Syllabus Topics:

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

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

Question #1

A national newspaper wants to publish the results of a survey showing people's preferences for different types of sandwiches. Identify which of the following ways of publishing the survey results is likely to be the least useful to its readers.

  • A. Pie chart
  • B. Box plot
  • C. Bar chart
  • D. Table of data
Answer: C
Question #2

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. II and IV only
  • B. I and II only
  • C. IV and V only
  • D. I and III only
Answer: A
Question #3

Differentiate with respect to X:

A)

B)

C)

D)

  • A. Option C
  • B. Option A
  • C. Option D
  • D. Option B
Answer: A
Question #4

Consider the function f(x) =x2- 5x - 3
The value of one of the roots of the above equation can be obtained by using the iteration formula

Apply the iteration formula to determine the value of the root.

  • A. 5.53
  • B. 4.40
  • C. 0.54
  • D. 1.54
Answer: B
Question #5

The particular solution of the second-order difference equation

Determine the values of(A, B).

  • A. (-3, 2)
  • B. (-2,5)
  • C. (5,-2)
  • D. (-2, 3)
Answer: C

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