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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 08, 2026

Q & A: 57 Questions and Answers

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CAA Global Module-0 Exam Syllabus Topics:

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

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

Question #1

Identify which of the following values is represented by:

  • A. The total increase in the value of f(x) between A and B.
  • B. The change in the gradient off(x) between A and B.
  • C. The total area under the graph of f(x) between A and B.
  • D. The average gradient off(x) between A and B.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #2

A set of 17 observed values is being studied.
Identify which of the following statements is/are true.
I The median must be equalto one of the observed values.
II. The mean could be different from all of the observed values.
Ill If the observations are positively skewed, then the mean is less than the median IV. More than one mode is not possible.

  • A. III only
  • B. II and IV only
  • C. I and II only
  • D. I only
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #3

The volume of a cone can be determined by summing up the infinitesimal circular cross-sections of the cone across the length of the cone Consider the function f(x) = x2 for x contained in [0,1].

Now consider an infinitesimal circular cross-sectional element of width dx and radius r = f(x) Determine the volume of the cone enclosedby the function f(x) by considering the volume of each circular cross-sectional element (Recall thatthe sum of infinitesimal elements can be represented as an integral Recall also that the area of a

circle is
A)

B)

C)

D)
1

  • A. Option C
  • B. Option A
  • C. Option D
  • D. Option B
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #4

  • A. 3,286
  • B. 986
  • C. 2,056
  • D. 1.224
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #5

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. £1.20
  • C. £2.05
  • D. £2.40
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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