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

1. The distribution of test scores from a recent clinical drug study have been tabulated below.
Determine i) whether the distribution of test scores are symmetric positively skewed or negatively skewed, and ii) the sample median value.

A) i) Symmetric, ii) 4
B) i) Positively skewed, ii) 3
C) i) Positively skewed, ii)
D) i) Negatively skewed, ii) 3

2. Let a and b be two positive numbers and let m and n be two positive integers.
Identify which of the followingequalities is false.
A)

B)

C)

D)

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

3. Identify which of the following values is represented by:

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

4. Identify which of the following statements about statistical measures for a set of data is false.

A) The range can be greater than the largest value.
B) The sample variance is always smaller than or equal to the largest value.
C) The sample variance is always greater than or equal to zero.
D) The range is always greater than or equal to zero.

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

Determine the values of(A, B).

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

Solutions: