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

1. Determine the binomial expansion of (2x-X2)3.

A) -x8+2xa-4x4+8x3
B) -x6+2x5-4x4+8x3
C) -x6+3x5-3x4+x3
D) -X6+8x3

2.
Calculate the minimum value of f.

A) -0.50
B) -0.25
C) 0.00
D) -0.75

3. 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 A
B) Option B
C) Option D
D) Option C

4. Consider the function f(x) =x2- 5x - 3
The value of one of the roots of the above equation can be obtained by using the iteration formula

Apply the iteration formula to determine the value of the root.

A) 0.54
B) 5.53
C) 4.40
D) 1.54

5. Calculate the sum of the following series: 3, -6,12, -24,..., -1.536.

A) -3,833
B) 3,069
C) -60
D) -1,023

Solutions: