Actuarial Outpost
 
Go Back   Actuarial Outpost > Search Forums
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions



Showing results 1 to 25 of 66
Search took 0.01 seconds.
Search: Posts Made By: Chappy
Forum: Long-Term Actuarial Math 04-29-2019, 06:46 PM
Replies: 749
Views: 128,098
Posted By Chappy
Yes, I did mean tp20x. My understanding of...

Yes, I did mean tp20x.

My understanding of tp20x is that it is the probability somebody in state 2 is in state 0 by t.

Which I agree is a possible in this marchov chain. But given that we are...
Forum: Long-Term Actuarial Math 04-29-2019, 06:02 PM
Replies: 749
Views: 128,098
Posted By Chappy
Are you saying if you're looking at page 17 of...

Are you saying if you're looking at page 17 of the LTAM supplementary note, that the p^02 term is actually 0 and can be omitted?
Forum: Long-Term Actuarial Math 04-29-2019, 04:47 PM
Replies: 749
Views: 128,098
Posted By Chappy
I have a clarification question stemming from...

I have a clarification question stemming from reading the study note the SOA providing regarding Thiele's equation and Kolomorgov's Forward equation.

When considering Thiele's equation for a...
Forum: Long-Term Actuarial Math 04-29-2019, 04:43 PM
Replies: 749
Views: 128,098
Posted By Chappy
Stochastic models are able to measure longevity...

Stochastic models are able to measure longevity risk by running 1000s of simulations and looking at the results. Deterministic models do not have this capability.
Forum: Long-Term Actuarial Math 04-25-2019, 12:05 PM
Replies: 749
Views: 128,098
Posted By Chappy
I can't figure out how to post a picture but the...

I can't figure out how to post a picture but the problem starts off with "Jenny, exact age 60, is the Chief Actuary of The Infinite Life Insurance Company ....."

Bullet point (i) Annual retirement...
Forum: Long-Term Actuarial Math 04-25-2019, 11:32 AM
Replies: 749
Views: 128,098
Posted By Chappy
Hi James, It is problem 25 part C. I'm not...

Hi James,

It is problem 25 part C. I'm not sure you made a mistake it just is impossible to find the final 3 year avg salary because we are only given her annual salary of 250,000.
Forum: Long-Term Actuarial Math 04-25-2019, 10:25 AM
Replies: 749
Views: 128,098
Posted By Chappy
Okay, I did a TUC problem where the pension...

Okay, I did a TUC problem where the pension formula was based on a 3 year avg. Instead of taking a 3 year avg of [S(k-3) + S(k-2) + S(k-1)]/3, they used S(k-1). This was a TIA problem and just...
Forum: Long-Term Actuarial Math 04-25-2019, 01:01 AM
Replies: 749
Views: 128,098
Posted By Chappy
I was working on a pension problem tonight that...

I was working on a pension problem tonight that asked to calculate the PV accrued liability using the tradition method where S was the final 3 year avg. In the solution, they used the most current...
Forum: Long-Term Actuarial Math 03-13-2019, 04:42 PM
Replies: 749
Views: 128,098
Posted By Chappy
Is it because the first problem specifically...

Is it because the first problem specifically states that the survival distribution follows a uniform RV? Without that assumption, I would need to assume the distribution is Beta?
Forum: Long-Term Actuarial Math 03-13-2019, 03:47 PM
Replies: 749
Views: 128,098
Posted By Chappy
Can somebody explain the difference between these...

Can somebody explain the difference between these two problems.

3-F01:33
S_0 for males is uniform(0,75)
S_0 for females follows uniform(0,w)

At age 60, the female force of mortality is 60% of...
Forum: Long-Term Actuarial Math 02-19-2019, 08:41 PM
Replies: 749
Views: 128,098
Posted By Chappy
Okay, thanks! I have another question. This is...

Okay, thanks! I have another question. This is just a concept check but the problem I have a question about is 38.1.

For a fully continuous 3-year endowment insurance on (x) premiums are...
Forum: Long-Term Actuarial Math 02-16-2019, 12:51 PM
Replies: 749
Views: 128,098
Posted By Chappy
The problem is from ASM MLC 15th edition (4th...

The problem is from ASM MLC 15th edition (4th printing) question 31.3.

That was a typo, I meant I think it should be divided by (1-e^-0.04) = d
Forum: Long-Term Actuarial Math 02-16-2019, 11:48 AM
Replies: 749
Views: 128,098
Posted By Chappy
I'm confused how a solution is calculating an...

I'm confused how a solution is calculating an annuity due with delta = .04. In the solution, they have the PV of the annuity equal to (1-e^-.04*T) / (.04/1.04). Is this incorrect? Shouldn't it be...
Forum: Pricing, Reserving & Forecasting 02-12-2019, 09:39 AM
Replies: 748
Views: 146,401
Posted By Chappy
Submitted 1/4 MMR 2/11

Submitted 1/4
MMR 2/11
Forum: Long-Term Actuarial Math 01-30-2019, 10:44 AM
Replies: 749
Views: 128,098
Posted By Chappy
I don't fully understand this problem. It is from...

I don't fully understand this problem. It is from 15th Edition ASM MLC manual.
11.13
Tx is the future lifetime random variable for (x). An insurance pays 1000 at the moment of death if the integral...
Forum: Long-Term Actuarial Math 01-21-2019, 02:55 PM
Replies: 749
Views: 128,098
Posted By Chappy
S0(x) = (k^2 - x)^0.5/k What is S30(x)? ...

S0(x) = (k^2 - x)^0.5/k

What is S30(x)?

I thought it was [(k^2 - x)/(k^2 - 30)]^0.5 but don't think this is correct.
Is it [(k^2 - x - 30)/(k^2 - 30)]^0.5?
Forum: Long-Term Actuarial Math 01-21-2019, 01:57 PM
Replies: 749
Views: 128,098
Posted By Chappy
I'm getting confused as to what we have to derive...

I'm getting confused as to what we have to derive from first principles for the beta distribution and what formulas we are allowed to use.

For example, question 5.12 ASM (13th edition maybe?) has...
Forum: ERM module 01-03-2019, 09:04 PM
Replies: 51
Views: 9,120
Posted By Chappy
Iím about to start this tomorrow

Iím about to start this tomorrow
Forum: Long-Term Actuarial Math 01-03-2019, 09:12 AM
Replies: 749
Views: 128,098
Posted By Chappy
Anybody else planning on using the last ASM MLC...

Anybody else planning on using the last ASM MLC manual to study for this?
Forum: Modules 6-8 12-14-2018, 01:37 PM
Replies: 18,484
Views: 7,408,150
Posted By Chappy
MMR 12/14 Submitted 11/16

MMR 12/14
Submitted 11/16
Forum: Pricing, Reserving & Forecasting 12-13-2018, 09:26 AM
Replies: 131
Views: 63,355
Posted By Chappy
Can somebody explain the difference between...

Can somebody explain the difference between calculating the manual rate ourselves by using the HMOHigh plan and making copay and utilization adjustments or just using the manual rate they give us of...
Forum: Long-Term Actuarial Math 12-10-2018, 09:59 AM
Replies: 2
Views: 1,225
Posted By Chappy
Is there an explanation of differences in this...

Is there an explanation of differences in this manual and the 15th version of the MLC manual?
Forum: Modules 1-5 11-29-2018, 03:00 PM
Replies: 33
Views: 7,457
Posted By Chappy
The IA does not have as much of a time crunch as...

The IA does not have as much of a time crunch as the FA but doing it in two weeks over the holidays would be rough.
Forum: Modules 1-5 11-29-2018, 02:48 PM
Replies: 33
Views: 7,457
Posted By Chappy
I did not refer to the slides. I took notes on...

I did not refer to the slides. I took notes on the slides and maybe looked at them once during the IA.
Forum: Modules 1-5 11-29-2018, 02:21 PM
Replies: 33
Views: 7,457
Posted By Chappy
They were nice to have but I'm not sure they are...

They were nice to have but I'm not sure they are absolutely necessary to pass. I think it depends on your background. If you're looking to buy the books, PM me and we can work out a deal.
Showing results 1 to 25 of 66

 

All times are GMT -4. The time now is 07:07 AM.


Powered by vBulletin®
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.19512 seconds with 7 queries