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

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

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

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

3. 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) 1.54
B) 0.54
C) 5.53
D) 4.40

4. A student is trying to estimate the root of the equation
Determine which of the suggestions will lead to the root.

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

5. The particular solution of the second-order difference equation

Determine the values of(A, B).

A) (-2, 3)
B) (-2,5)
C) (5,-2)
D) (-3, 2)

Solutions: