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CAA Global Module-0 Exam Syllabus Topics:

Section

Objectives

Topic 1: Statistics

- Descriptive Statistics

1. Mean, median and mode
2. Variance and standard deviation
3. Data presentation and interpretation

- Statistical Concepts

1. Sampling concepts
2. Basic distributions
3. Statistical calculations

Topic 2: Probability

- Probability Fundamentals

1. Independent events
2. Basic probability rules
3. Conditional probability

Topic 3: Basic Mathematics

- Arithmetic

1. Fractions and percentages
2. Ratios and proportions
3. Algebraic manipulation

- Functions and Equations

1. Linear equations
2. Graphs and functions
3. Quadratic equations

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

Question #1

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.