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Updated: Jul 31, 2026
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| Certification Vendor: | Institute and Faculty of Actuaries (IFoA) / CAA Global |
| Exam Name: | Entry Exam – Fundamental Mathematics and Statistics (Module 0) |
| Exam Number: | CAA Module 0 |
| Exam Duration: | 120 minutes |
| Exam Format: | Computer-based assessment, Multiple-choice questions |
| Available Languages: | English |
| Real Exam Qty: | 65 |
| Related Certifications: | CAA Module 1 – Finance and Financial Mathematics CAA Module 2 – Statistics and Models CAA Module 3 – Long Term Actuarial Mathematics CAA Module 4 – Short Term Actuarial Mathematics CAA Module 5 – Models and Audit Trails |
| Recommended Training: | BPP Actuarial Education |
| Exam Registration: | IFoA Certified Actuarial Analyst page CAA Global official site |
| Sample Questions: | CAA Global Module-0 Sample Questions |
| Exam Way: | Computer-based exam delivered via Pearson VUE test centres (or approved remote delivery where applicable). |
| Pre Condition: | No formal prerequisites; serves as entry exam for CAA qualification. |
| Official Syllabus URL: | https://www.actuaries.org.uk/ |
| Section | Objectives |
|---|---|
| Probability and Statistics | - Statistical distributions - Probability theory - Descriptive statistics |
| Fundamental Mathematics | - Algebra
|
| Mathematical Techniques | - Mathematical notation and functions - Basic modeling concepts |
1. Identify which of the following statements is not always true about a probability experiment.
A) The sum of the probabilities of all possible outcomes must be 1.
B) The probability of an event occurring equals the number of outcomes in the event space divided by the total number of possible outcomes in the sample space.
C) The probability of an event must lie in [0,1].
D) The sum of the probabilities of all possible events could be more than 1
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 III only
B) I and II only
C) II and IV only
D) II, III and IV only
3. Identify which of the following statements is correct.
A) x in(n)
B) In (nx)
C) In(x)+ in(n)
D) n in (x)
4. Determine the stationary point(s) for the following function
A) Maximum at x = 1 and maximum at x = 3.
B) Minimum at x = -1 and maximum at x = -3.
C) Minimum at x = 1 and minimum at x = 3.
D) Minimum at x = -3 and maximum at x = -1.
5. Identify which of the following non-terminating geometric series converge, for values of x such that 1 < x < 2.
A) I and IV
B) II and IV
C) II, III and IV
D) I, II and IV
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: B |
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