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CAA Global Module-0 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Fundamental Mathematics | 30% | - Differential and integral calculus - Sequences and series - Numerical methods - Mathematical constants and standard functions - Algebra, equations and inequalities |
| Probability and Statistics | 40% | - Data presentation and analysis - Statistical inference and hypothesis testing - Basic probability theory - Measures of location, dispersion and correlation - Discrete and continuous probability distributions |
| Financial Mathematics Basics | 20% | - Interest rates and discounting - Annuities and perpetuities - Time value of money - Basic investment and cash flow concepts |
| Introduction to Actuarial Concepts | 10% | - Overview of actuarial work and risk management - Basic actuarial applications |
CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:
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. 4.40
- B. 5.53
- C. 1.54
- D. 0.54
Calculate the sum of the following series: 3, -6,12, -24,..., -1.536.
- A. -1,023
- B. 3,069
- C. -3,833
- D. -60
A basketball squad contains 7 players. The team that lines up on the court tor the start of a match contains 5 ofthe players Calculate how many different teams can be fielded from the squad of 7 players
- A. 21
- B. 2,520
- C. 35
- D. 7
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 average gradient off(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.
Identify which of the following non-terminating geometric series converge, for values of x such that 1 < x < 2.
- A. II, III and IV
- B. I, II and IV
- C. II and IV
- D. I and IV
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