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DW Simpson 
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#1




Good Luck Everyone!
I'll certainly need it
(Failed all 7 practice exams I tried)
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All scientists defer only to physicists Physicists defer only to mathematicians Mathematicians defer only to Gd! with apologies to Dr. Leon Lederman 
#2




So I think I'll be taking it again in the fall. . .had not a clue how to tackle #6, nor #7(i). Who gives a sh*t about Basel I anyhow?

#4




Nope. You are experiencing yet another hallucination
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All scientists defer only to physicists Physicists defer only to mathematicians Mathematicians defer only to Gd! with apologies to Dr. Leon Lederman 
#5




Quote:
I knew I didn't know #7i  Basel was one of those things I decided not to memorize (paid off as I think I got at least 6 out of 7 for the copula question). I hope I can scrape something out of the other 28 points in question 7; egads  32 points for that one question
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All scientists defer only to physicists Physicists defer only to mathematicians Mathematicians defer only to Gd! with apologies to Dr. Leon Lederman 
#6




Anyone else have any thoughts?
__________________
All scientists defer only to physicists Physicists defer only to mathematicians Mathematicians defer only to Gd! with apologies to Dr. Leon Lederman 
#7




What did you put for a plausible use for the Frank copula?

#8




When there is neither upper nor lower tail dependance and we have a Kendall tau value to use to parametrize it (although it is complicated).
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All scientists defer only to physicists Physicists defer only to mathematicians Mathematicians defer only to Gd! with apologies to Dr. Leon Lederman 
#9




Use it when the Francis Ford copula isn't appropriate.
Should the CAS be trying to use the UK exams as its only path to CERA? A question about Basel I parameters?? Talk about eurocentric.
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"What do you mean I don't have the prerequisites for this class? I've failed it twice before!" 
#10




I believe the idea is for the CAS to have their own eventually. However, from what I understand, the CAS does not currently have an exam that would be acceptable to the Global CERA organization, and decided to allow its members to use the UK exam for now. From the few discussions I have had with the CAS volunteers involved in these decisions, I believe they wish to have a few sittings of using the UK exam and then have people who have gone through the process help write a more UScentric one.
Anyway, something like Solvency II is coming here eventually, whether we like it or not, I'm afraid.
__________________
All scientists defer only to physicists Physicists defer only to mathematicians Mathematicians defer only to Gd! with apologies to Dr. Leon Lederman 
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