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Entry exam of the Certified Actuarial Analyst qualification

Last Update 1 day ago
Total Questions : 58

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Question # 1

Simplify the expression:

A)

B)

C)

D)

Options:

A.  

Option A

B.  

Option B

C.  

Option C

D.  

Option D

Discussion 0
Question # 2

Let x and y be two positive real numbers.

Rewrite the following equation such that y becomes the subject of the formula:

A)

B)

C)

D)

Options:

A.  

Option A

B.  

Option B

C.  

Option C

D.  

Option D

Discussion 0
Question # 3

Determine the stationary point(s) for the following function

Options:

A.  

Minimum at x = -1 and maximum at x = -3.

B.  

Maximum at x = 1 and maximum at x = 3.

C.  

Minimum at x = -3 and maximum at x = -1.

D.  

Minimum at x = 1 and minimum at x = 3.

Discussion 0
Question # 4

The particular solution of the second-order difference equation

Determine the values of(A, B).

Options:

A.  

(-2,5)

B.  

(5,-2)

C.  

(-2, 3)

D.  

(-3, 2)

Discussion 0
Question # 5

Determine which of the following statements is not true about the binomial expansion of (1+x)p, assuming p is real.

Options:

A.  

it converges when p is a p positive integer.

B.  

C)

D)

C.  

Option A

D.  

Option B

E.  

Option C

F.  

Option D

Discussion 0
Question # 6

Calculate

Options:

A.  

399.68

B.  

58.88

C.  

951.84

D.  

337.84

Discussion 0
Question # 7

Two real numbers, x and y, satisfy the following inequalities:

Determine which statement is true.

Options:

A.  

y must be positive.

B.  

y can be negative.

C.  

y cannot be negative.

D.  

y cannot be zero.

Discussion 0
Question # 8

Identify which of the following statements is correct.

Options:

A.  

is greater than x

B.  

is less than x

C.  

is equal to x.

D.  

can be greater than or less than x.

Discussion 0
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