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Search: Posts Made By: Totient(43)
Forum: Exam PA: Predictive Analytics 11-17-2018, 10:55 PM
Replies: 233
Views: 21,383
Posted By Totient(43)
If you have a categorical variable and you want...

If you have a categorical variable and you want to do some regression you can use dummy variables. For high, medium, and low risk, you use n-1=2 dummy variables. One possible way to define them is
...
Forum: Statistics for Risk Modeling 11-17-2018, 09:54 PM
Replies: 4
Views: 740
Posted By Totient(43)
I hope the 64% pass rate means this exam will be...

I hope the 64% pass rate means this exam will be easy!
Forum: Careers - Employment 11-08-2018, 12:23 AM
Replies: 17
Views: 2,029
Posted By Totient(43)
This thread is old now, but just in case anyone...

This thread is old now, but just in case anyone finds this I'll write a few comments to add closure.

I ended up getting multiple offers after applying 300+ places. I applied almost exclusively to...
Forum: Statistics for Risk Modeling 11-03-2018, 05:28 PM
Replies: 4
Views: 740
Posted By Totient(43)
January 2019 Progress Thread

Is anyone going to be taking this one? I might be the only one without transition credit... I just got the ASM manual and plan on doing ADAPT in December.

This is my first exam that my employer...
Forum: General 08-07-2018, 01:38 AM
Replies: 37
Views: 4,193
Posted By Totient(43)
I've only managed to pass MFE on the first try. I...

I've only managed to pass MFE on the first try. I might have passed C on the first try, but I didn't figure out one of the questions until I was walking out of Prometric.
Forum: MAS-I 07-31-2018, 02:27 PM
Replies: 550
Views: 93,175
Posted By Totient(43)
I hope it will. It looks like maybe 25% will...

I hope it will. It looks like maybe 25% will bleed over.

I'm not sure I follow you. In James, the end of chapter labs are on the syllabus in section C. But I'm being selective about doing...
Forum: MAS-I 07-27-2018, 05:11 PM
Replies: 550
Views: 93,175
Posted By Totient(43)
I think I'm a little weird because I'm just going...

I think I'm a little weird because I'm just going through the source materials now, and I'll get a 45-day ADAPT subscription later. I took exam C so that with courses from school I know the basics of...
Forum: MAS-I 07-18-2018, 09:50 PM
Replies: 550
Views: 93,175
Posted By Totient(43)
There aren't any prerequisite requirements. It's...

There aren't any prerequisite requirements. It's self contained and just covers risk management and insurance operations. I personally didn't do this, but it's not uncommon for undergraduates to take...
Forum: MAS-I 07-18-2018, 09:17 PM
Replies: 550
Views: 93,175
Posted By Totient(43)
It is a 4 hour exam, and there is so much...

It is a 4 hour exam, and there is so much information. I think you could do it in three months, but it might not be worth it if you have to double up. Taking OC1 is a good idea, and you have to take...
Forum: MAS-I 07-18-2018, 07:55 PM
Replies: 550
Views: 93,175
Posted By Totient(43)
If you passed IFM, then you should definitely...

If you passed IFM, then you should definitely take MAS-I in October and there isn't a problem.

Assuming you failed, IFM is a month after MAS-I. So really you have to decide if you're willing and...
Forum: MAS-II 06-20-2018, 06:44 PM
Replies: 494
Views: 95,125
Posted By Totient(43)
Shortcuts are great, but you need to be able to...

Shortcuts are great, but you need to be able to do almost everything from first principles. That being said, know the formulas on the adapt sheet. At this point, I would focus on reviewing problems...
Forum: Short-Term Actuarial Math 06-20-2018, 06:44 PM
Replies: 494
Views: 101,087
Posted By Totient(43)
Shortcuts are great, but you need to be able to...

Shortcuts are great, but you need to be able to do almost everything from first principles. That being said, know the formulas on the adapt sheet. At this point, I would focus on reviewing problems...
Forum: MAS-II 06-20-2018, 04:24 PM
Replies: 494
Views: 95,125
Posted By Totient(43)
The exam is definitely hard, but I don't feel...

The exam is definitely hard, but I don't feel this exam or my previous attempt was harder than the 307. I had one problem on a very obscure topic that I don't remember in the 307. But in my opinion,...
Forum: Short-Term Actuarial Math 06-20-2018, 04:24 PM
Replies: 494
Views: 101,087
Posted By Totient(43)
The exam is definitely hard, but I don't feel...

The exam is definitely hard, but I don't feel this exam or my previous attempt was harder than the 307. I had one problem on a very obscure topic that I don't remember in the 307. But in my opinion,...
Forum: Short-Term Actuarial Math 06-20-2018, 02:44 PM
Replies: 494
Views: 101,087
Posted By Totient(43)
Passed today on attempt 2. Last time my EL was...

Passed today on attempt 2. Last time my EL was close to 6. This time I did the SOA 307 and focused on credibility quizzes in adapt. I'm glad it's over.

Now I need a job.
Forum: MAS-II 06-20-2018, 02:44 PM
Replies: 494
Views: 95,125
Posted By Totient(43)
Passed today on attempt 2. Last time my EL was...

Passed today on attempt 2. Last time my EL was close to 6. This time I did the SOA 307 and focused on credibility quizzes in adapt. I'm glad it's over.

Now I need a job.
Forum: MAS-II 06-04-2018, 01:22 PM
Replies: 494
Views: 95,125
Posted By Totient(43)
You're the only one that really knows how you're...

You're the only one that really knows how you're doing. Take an Adapt exam and see how it goes. Even if you can't pass a level 4 exam right now, 10-12 hours over 20 days is a lot of time. But make...
Forum: Short-Term Actuarial Math 06-04-2018, 01:22 PM
Replies: 494
Views: 101,087
Posted By Totient(43)
You're the only one that really knows how you're...

You're the only one that really knows how you're doing. Take an Adapt exam and see how it goes. Even if you can't pass a level 4 exam right now, 10-12 hours over 20 days is a lot of time. But make...
Forum: Short-Term Actuarial Math 05-29-2018, 04:26 PM
Replies: 4
Views: 690
Posted By Totient(43)
Absolutely agree. Edit: I'll also add...

Absolutely agree.

Edit:
I'll also add that C is more segmented than the exams I've taken so far. So sometimes memorizing all the theories isn't useful or necessary. I had to just sit down and...
Forum: MAS-II 05-18-2018, 04:16 PM
Replies: 494
Views: 95,125
Posted By Totient(43)
If you're clear on how to get the...

If you're clear on how to get the predictive/posterior distributions, then you just have to memorize a couple of formulas. There is just 4 conjugate priors needed. If you use adapt, their formula...
Forum: Short-Term Actuarial Math 05-18-2018, 04:16 PM
Replies: 494
Views: 101,087
Posted By Totient(43)
If you're clear on how to get the...

If you're clear on how to get the predictive/posterior distributions, then you just have to memorize a couple of formulas. There is just 4 conjugate priors needed. If you use adapt, their formula...
Forum: Short-Term Actuarial Math 05-17-2018, 02:52 PM
Replies: 494
Views: 101,087
Posted By Totient(43)
This is the time where I have to finally learn...

This is the time where I have to finally learn the things I've been avoiding. I was in the same boat of MFE and got a 7.
Forum: MAS-II 05-17-2018, 02:52 PM
Replies: 494
Views: 95,125
Posted By Totient(43)
This is the time where I have to finally learn...

This is the time where I have to finally learn the things I've been avoiding. I was in the same boat of MFE and got a 7.
Forum: Probability 05-16-2018, 04:18 AM
Replies: 3
Views: 883
Posted By Totient(43)
It really depends on your background. If you've...

It really depends on your background. If you've taken a good course in prob and stats, then that might be enough. I spent about 100 hours over 3 weeks the first time I took P, but I failed. Then I...
Forum: Short-Term Actuarial Math 05-13-2018, 06:00 PM
Replies: 494
Views: 101,087
Posted By Totient(43)
I agree about the importance of credibility. From...

I agree about the importance of credibility. From doing ADAPT exams (which I've always found to be pretty close to the real exam), single variable delta method is something you should know, but I'm...
Showing results 1 to 25 of 54

 

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