- Exam Code: Module-0
- Exam Name: Entry exam of the Certified Actuarial Analyst qualification
- Updated: Aug 19, 2026
- Q & A: 57 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Introduction to Actuarial Concepts | 10% | - Basic actuarial applications - Overview of actuarial work and risk management |
| Topic 2: Fundamental Mathematics | 30% | - Mathematical constants and standard functions - Numerical methods - Differential and integral calculus - Sequences and series - Algebra, equations and inequalities |
| Topic 3: Probability and Statistics | 40% | - Data presentation and analysis - Statistical inference and hypothesis testing - Discrete and continuous probability distributions - Basic probability theory - Measures of location, dispersion and correlation |
| Topic 4: Financial Mathematics Basics | 20% | - Basic investment and cash flow concepts - Annuities and perpetuities - Interest rates and discounting - Time value of money |
1. A national newspaper wants to publish the results of a survey showing people's preferences for different types of sandwiches. Identify which of the following ways of publishing the survey results is likely to be the least useful to its readers.
A) Bar chart
B) Pie chart
C) Box plot
D) Table of data
2. Identify which of the following statements are true.
I.Skewness measures how peaked a set of data is
II.Skewness is a measure of asymmetry of the distribution of the data about its mean.
III. For a symmetrically distributed data, the mean equals the median but not necessarily the mode IV. The value of a measure of skewness can be positive, zero or negative.
A) I and II only
B) II, III and IV only
C) I and III only
D) II and IV only
3. Differentiate with respect to X:
A)
B)
C)
D)
A) Option A
B) Option D
C) Option C
D) Option B
4. Consider the function
Calculate the anti-derivative of f(x).
A)
B)
C)
D)
A) Option A
B) Option D
C) Option C
D) Option B
5. Let X be a continuous random variable with probability density function f(x) that is defined over all real numbers.
DefineE[g(X)]whereg(x)is a continuous function.
A)
B)
C)
D)
A) Option
B) Option
C) Option
D) Option
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: A |
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