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

1. 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) £2.05
C) £2.40
D) £1.20

2. Identify which of the following statements is correct.
For a continuous random variable X, the distribution function evaluated at X= x measures:

A) P(X>x)
B) P(X = x)
C) P(xx)
D) P(X<x)

3. Consider the following definite integral:

Determine for which combination of a and b the integral converges.
A)

B)

C)

D)

A) Option D
B) Option A
C) Option C
D) Option B

4. 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) Table of data
B) Bar chart
C) Box plot
D) Pie chart

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

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

Solutions: