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CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:
1. Identify which of the following statements is correct.
A continuous random variable is one that:
A) must be approximated using a discrete random variable.
B) can take one of a finite number of values
C) can only take positive values.
D) can take one of an infinite number of values.
2. Determine the stationary point(s) for the following function
A) Minimum at x = 1 and minimum at x = 3.
B) Minimum at x = -1 and maximum at x = -3.
C) Maximum at x = 1 and maximum at x = 3.
D) Minimum at x = -3 and maximum at x = -1.
3. 
A) 3,286
B) 1.224
C) 986
D) 2,056
4. Identify which of the following statements about statistical measures for a set of data is false.
A) The sample variance is always greater than or equal to zero.
B) The range can be greater than the largest value.
C) The sample variance is always smaller than or equal to the largest value.
D) The range is always greater than or equal to zero.
5. 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 D
C) Option C
D) Option B
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: B |








