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Forum: Exam 3/MLC - Actuarial Models 01-20-2018, 11:25 PM
Replies: 96
Views: 17,769
Posted By SirActSci
I am at moments. Started a few days ago. Trying...

I am at moments. Started a few days ago. Trying to get the fundamentals intact.
Forum: Exam 3/MLC - Actuarial Models 01-17-2018, 09:48 PM
Replies: 96
Views: 17,769
Posted By SirActSci
Day 3: At Life Tables. I am trying to...

Day 3:

At Life Tables. I am trying to understand more... I hope the slow speed doesnt come to haunt me.

Takeaway: "Since life tables are so convenient, it is sometimes easier to build a life...
Forum: Exam 3/MLC - Actuarial Models 01-16-2018, 10:10 PM
Replies: 96
Views: 17,769
Posted By SirActSci
starting is a bit slow ���� wish i had a study...

starting is a bit slow ���� wish i had a study partner. must push on
Forum: Exam 3/MLC - Actuarial Models 01-13-2018, 09:23 PM
Replies: 96
Views: 17,769
Posted By SirActSci
I recently failed MLC and I am furious. Now...

I recently failed MLC and I am furious.

Now I will use this opportunity to study harder and understand more, to gain the knowledge and apply the skills.

I have 2 goals for this year: MLC and...
Forum: Exam 3/MLC - Actuarial Models 10-31-2017, 05:42 PM
Replies: 1,092
Views: 160,362
Posted By SirActSci
Unhappy what about the 0.5?

what about the 0.5?
Forum: Exam 3/MLC - Actuarial Models 10-31-2017, 05:40 PM
Replies: 1,092
Views: 160,362
Posted By SirActSci
does anyone recall about 59k or so?

does anyone recall about 59k or so?
Forum: Exam 3/MLC - Actuarial Models 10-31-2017, 05:15 PM
Replies: 1,092
Views: 160,362
Posted By SirActSci
Awesome. Thanks :guitarwo: I shall use...

Awesome. Thanks :guitarwo:

I shall use Mahler.
Forum: Exam 3/MLC - Actuarial Models 10-31-2017, 04:53 PM
Replies: 1,092
Views: 160,362
Posted By SirActSci
Its probably too early but DarchArvor what did...

Its probably too early but DarchArvor what did you use to study for C?

I dont think I can focus on another exam without knowing the results. Really hoping I pass. ran out of time on the WA....
Forum: Exam 3/MLC - Actuarial Models 10-27-2017, 05:19 PM
Replies: 1,092
Views: 160,362
Posted By SirActSci
This one was rough.. didnt get to almost 2 WA...

This one was rough.. didnt get to almost 2 WA questions :shake2:

Guessed about 4 MC.

What is life? depressed!
Forum: Exam 3/MLC - Actuarial Models 10-13-2017, 02:50 AM
Replies: 1,092
Views: 160,362
Posted By SirActSci
For SOA 302, is it assumed that death occurs...

For SOA 302, is it assumed that death occurs throughout the year.

or, what is it about the question that would allow me to get this information.

(eg. in the calculation of reserves)
Forum: Exam 3/MLC - Actuarial Models 09-28-2017, 11:28 PM
Replies: 1,092
Views: 160,362
Posted By SirActSci
Thanks much! So EPV of benefit would consist of...

Thanks much!
So EPV of benefit would consist of accrued benefit + future service benefit

The CA mlc manual says that "DB pension plan valuation usually considers accrued benefits, but not future...
Forum: Exam 3/MLC - Actuarial Models 09-28-2017, 09:29 PM
Replies: 1,092
Views: 160,362
Posted By SirActSci
So what is the difference between Member's...

So what is the difference between Member's benefit, EPV of benefit and Actuarial liability? :-?
Forum: Exam 3/MLC - Actuarial Models 07-29-2017, 11:08 AM
Replies: 1,092
Views: 160,362
Posted By SirActSci
Thank you! In a multi state model (permanent...

Thank you!

In a multi state model (permanent disability) when it is stated that: "Premiums are paid at the beginning of each year when active. Insureds do not pay annual premiums when they are...
Forum: Exam 3/MLC - Actuarial Models 07-28-2017, 11:10 PM
Replies: 1,092
Views: 160,362
Posted By SirActSci
For discussion purposes, from the usual permanent...

For discussion purposes, from the usual permanent disbility model, it is the prob that an individual was healthy and is now newly disabled minus the prob that a person who was healthy and have been...
Forum: Exam 3/MLC - Actuarial Models 07-26-2017, 01:17 AM
Replies: 1,092
Views: 160,362
Posted By SirActSci
The source is great. Does it mean that when...

The source is great.

Does it mean that when I take the prob of leaving state j from the prob of entering state j, this will give the prob of remaining in state j (all coming from i)??
Forum: Exam 3/MLC - Actuarial Models 07-25-2017, 10:58 PM
Replies: 1,092
Views: 160,362
Posted By SirActSci
How does the difference in the below...

How does the difference in the below probabilities give the change in probabilities.

The change in the probability of going from state i to state j=Pr[start in i,move into j]−Pr[start in i,move...
Forum: Exam 3/MLC - Actuarial Models 07-22-2017, 05:51 PM
Replies: 1,092
Views: 160,362
Posted By SirActSci
This clears up things very well. Thank you for...

This clears up things very well. Thank you for taking the time to explain to me.
Forum: Exam 3/MLC - Actuarial Models 07-22-2017, 02:56 PM
Replies: 1,092
Views: 160,362
Posted By SirActSci
The front-loading nature of the expenses would be...

The front-loading nature of the expenses would be used to calculating a level premium. Since the reserve at 0 is 0 (under the equivalence principle) the reserve at t=1 (for instace) would only take...
Forum: Exam 3/MLC - Actuarial Models 06-24-2017, 10:13 PM
Replies: 1,092
Views: 160,362
Posted By SirActSci
I like how the CA manual structures the topics....

I like how the CA manual structures the topics. However, I am not sure if the content is enough for the exam, I didnt see anything on Mortality Reduction.

But I like the flow.

Chapter 3 for the...
Forum: Exam 3/MLC - Actuarial Models 06-22-2017, 09:40 PM
Replies: 1,092
Views: 160,362
Posted By SirActSci
So what do you guys think about the new...

So what do you guys think about the new coachingactuaries MLC manual?
Forum: Exam 3/MLC - Actuarial Models 06-08-2017, 10:53 PM
Replies: 13
Views: 3,462
Posted By SirActSci
I will definitely check it out. Quick...

I will definitely check it out.

Quick question krzysio, why divide by dx when using the limit definition for the force of mortality?
Forum: Exam 3/MLC - Actuarial Models 05-24-2017, 11:45 PM
Replies: 1,092
Views: 160,362
Posted By SirActSci
Why divide by dx when using the limit definition...

Why divide by dx when using the limit definition for the force of mortality? :shake2:
Forum: Exam 3/MLC - Actuarial Models 05-23-2017, 07:12 PM
Replies: 1,092
Views: 160,362
Posted By SirActSci
So it turns out that when I checked the 2nd...

So it turns out that when I checked the 2nd edition, it is saying the correct thing which is from age 0 to age x+t.

Dodged a bullet there.
:tup:
Forum: Exam 3/MLC - Actuarial Models 05-23-2017, 06:53 PM
Replies: 1,092
Views: 160,362
Posted By SirActSci
Thank you. Also, given this information, when it...

Thank you. Also, given this information, when it says "It shows that we can interpret the probability of survival from age x to age x+t as the product of"

*to be inline with equation 2.4 wouldnt...
Forum: Exam 3/MLC - Actuarial Models 05-23-2017, 05:00 PM
Replies: 1,092
Views: 160,362
Posted By SirActSci
I dont get what this is saying, wouldnt it be...

I dont get what this is saying, wouldnt it be from age 0 to x+t? see attached snip
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