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LongTerm Actuarial Math Old Exam MLC Forum 

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#81




I've done a few quizzes (through annuities section) but also I haven't done too many because I don't want to go through the ADAPT questions now and then when I am actually practicing the 45 days before the exam, I don't want to see the same ADAPT questions over and over again. Maybe that's a little silly but I've always amped up on ADAPT about 46 weeks before exam date.

#82




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#84




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When I do practice problems that aren't slamdunk easy for me, I like to solve using every possible method, whether I'm using ASM or CA. I am not sure I agree that first principles are necessarily easiest or "dumbest." In an exam environment, I will use whatever is quickest. Sometimes it is first principles, sometimes it is a shortcut, sometimes I draw from my "mathematical toolkit" and sometimes I employ a combination or something else. I am having a hard time understanding why first principles is the dumbest/worst/etc. method. CA is also not just first principles. ASM gives you examples for every single type of problem. ASM is sort of like doing problems 131 odd for homework. For each type of problem, you will cover almost every way it can be presented. CA may give you one variation of a problem, then expects you to handle a completely different problem drawing from mathematical knowledge and applying the same concepts as the other problem in SOME but not all aspects of the current problem. You use discretion. You have to think. CA is doesn't give you the same amount of practice as ASM, so CA is designed for someone with more command of the material. We are preparing for an exam, not preparing to do endofchapter exercises. CA's exercises are easier, yes. But you need to be able to do the simpler exercise as practice, then do more difficult examples in ADAPT or on an exam. If the exercises were homework, yes, ASM is far more difficult. Yes, ASM will go into more depth, and indepth exercises are more difficult. Say you are 33 like I am. You were really good at differential equations and found it easy at the time. However, you took diffEQ when you were 20, and you don't remember absolutely everything. You are still an expert in Diff EQ, but you need to brush up. Do you read ASM or browse CA? Do a few problems in each chapter and you should be fine. No need to go in depth if a few problems with more overall coverage rekindles your memory.
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Exams: VEE: FAP: Conferences: APC 
#85




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Yes, the problems are slightly different from end of video problems, but I had no trouble with any of them except for slight calculation errors every 10 problems or so. You just have to think a bit. I only scored a 450 on the SAT Math section and only got up to algebra, so I don't know why someone from Swarthmore can't do it. Last edited by Liar; 07172018 at 08:54 PM.. 
#86




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Exams: VEE: FAP: Conferences: APC 
#87




How heavy is the calculus in this exam as compared to the other prelims? I've noticed that on the actual exams that i've taken, I have barely used any integration to solve the majority of questions. Is this exam any different?
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#89




That is 100% true, now. Get comfortable writing it! Second nature
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Exams: VEE: FAP: Conferences: APC 
#90




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2) And know the geometric series well. 3) If this needs to be said, be comfortable with the laws of exponents. 4) If you see a tough integral, there is probably a better way to do it. 5) They go easy on the Calculus. No limits, timeconsuming integrals, I can't recall any derivatives. No trig, no surfacearea integrals. The only double integrals will look like this: int(from 0 to inf) of e^(int from 0 to t of likely a constant). Also double integrals in the Markov Chain section. Markov chains can get messy, so perform each integral on one line. You will see. They are very easy individually if you avoid the clunkiness. 6) Again if this needs to be said, remember to switch the sign of the inequality when mult/dividing by a negative number. You will be taking a ton of natural logs of positive numbers less than 1, which are obviously negative. Can kinda get screwy with tons of minus signs. 7) Spare yourself the Calculus and read Makeham's Law at the bottom of the new set of tables. 8) The new topic on LongTerm Insurance Coverage has some messing around with integral limits, but it is straightforward. 9) Know the following integral with respect to t: x^t. 10) mu_x+t = f_t(x)/S_t(x) This forum needs native LaTeX. You'll do great!
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Exams: VEE: FAP: Conferences: APC 
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