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  • Total Questions: 57
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Not sure whether the Module-0 material is right for you? Download the free PDF demo from Fast2test and review a sample of the 57 practice questions for the CAA Global Entry exam of the Certified Actuarial Analyst qualification before you spend a cent.

CAA Global Module-0 Exam Overview:

Certification Vendor:CAA Global
Exam Name:Entry Exam of the Certified Actuarial Analyst (CAA) Qualification
Exam Number:Module-0
Exam Duration:120 minutes
Exam Format:Mathematics and Statistics assessment, Computer-based examination
Available Languages:English
Exam Price:GBP 124
Related Certifications:Certified Actuarial Analyst (CAA)
Sample Questions:CAA Global Module-0 Sample Questions
Exam Way:Computer-based examination delivered at authorized test centres during scheduled exam sessions.
Pre Condition:No formal prerequisites. Candidates must pass Module 0 before attempting Modules 1–5 of the Certified Actuarial Analyst qualification.
Official Syllabus URL:https://actuaries.org.uk/qualify/my-exams/certified-actuarial-analyst/

CAA Global Module-0 Exam Syllabus Topics:

SectionObjectives
Topic 1: Basic Mathematics- Arithmetic
  • 1. Fractions and percentages
  • 2. Ratios and proportions
  • 3. Algebraic manipulation
- Functions and Equations
  • 1. Graphs and functions
  • 2. Quadratic equations
  • 3. Linear equations
Topic 2: Statistics- Descriptive Statistics
  • 1. Mean, median and mode
  • 2. Data presentation and interpretation
  • 3. Variance and standard deviation
- Statistical Concepts
  • 1. Basic distributions
  • 2. Statistical calculations
  • 3. Sampling concepts
Topic 3: Probability- Probability Fundamentals
  • 1. Conditional probability
  • 2. Independent events
  • 3. Basic probability rules

Everything You Want to Know About the CAA Global Entry exam of the Certified Actuarial Analyst qualification (Module-0) Exam

The Module-0 exam, officially titled Entry exam of the Certified Actuarial Analyst qualification, is the CAA Global exam you pass to earn the CAA qualification certification, a credential at the Entry level. Passing it confirms the skills defined in the official exam outline, and it is associated with related credentials such as Certified Actuarial Analyst (CAA).

CAA Global lists the following prerequisites or eligibility notes for the Module-0 exam: No formal prerequisites. Candidates must pass Module 0 before attempting Modules 1–5 of the Certified Actuarial Analyst qualification.. Requirements can change over time, so confirm the details on the official exam page at CAA Global's official site before you register.

Yes. Fast2test offers a free PDF demo of the Module-0 material, so you can check the question style and answer quality before purchasing. Every purchase also includes 365 days of free updates, and if your product expires you can extend the update service at a 50% discount from your member zone.

Your purchase is protected by a 100% Money Back Guarantee with clear conditions: if you take the corresponding Module-0 exam within 60 days of purchase and do not pass, you can apply for a full refund. The candidate name must match the payer name, and you need to submit a scanned exam enrollment slip together with the official Score Report PDF within 2 days of taking the exam; claims are processed within 7 days. Sitting the exam within 3 days of purchase, downloading without taking the exam, free materials, and expired orders are not covered. If you would rather not take a refund, you can exchange your order for two free exam products of equal value and keep the update service on your original purchase.

Delivery is instant: your download links are emailed within one minute of payment, and you can also download directly from the website. If nothing arrives within 2 hours, contact customer service and check your spam folder. There is no limit on how many computers you can install the material on.

The Module-0 exam blueprint is divided into 3 domains, starting with Probability; Basic Mathematics; Statistics. For the complete domain-by-domain breakdown, see the Exam Topics section above — it lists every topic the current outline covers.

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

Question 1

Determine

A)

B)

C)

D)

A. Option B
B. Option A
C. Option D
D. Option C


Question 2

Identify which of the following is not true about the population variance of a set of data.

A. It can be calculated as
B. It can be calculated as


C. It is represented by the symbol

D. Its positive square root gives the standard deviation


Question 3

Identify which of the following statements is not true.

A. The skewness is a measure of the asymmetry of a probability distribution about the mean.
B. The variance is the square of the standard deviation.
C. The coefficient of skewness for a symmetric distribution is 1.
D. The standard deviation is a measure of how much variation from the mean exists in a probability distribution.


Question 4

In an Olympic Race there are 100 competitors.
Calculate the number of ways of distributing the Gold. Silver and Bronze medals amongst all of the competitors.
A)

B)

C)

D)

A. Option B
B. Option A
C. Option D
D. Option C


Question 5

Identify which of the following statements is correct.
A continuous random variable is one that:

A. can only take positive values.
B. can take one of an infinite number of values.
C. can take one of a finite number of values
D. must be approximated using a discrete random variable.


Solutions:

Question 1
Answer: D
Question 2
Answer: B
Question 3
Answer: D
Question 4
Answer: B
Question 5
Answer: D

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