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ShortTerm Actuarial Math Old Exam C Forum 

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#61




I got through the SOA problems and thought that those reserving/ratemaking questions were much easier and more straightforward than the higherlevel ADAPT problems I’ve been struggling with. I also did the free sample Mahler exam online and thought it was a good resource because it touched on some less common topics. Back to ADAPT tomorrow  I think I’ll just stick to level 5/6 until the exam.
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#64




What really helped me is to understand what they are modeling. There's 4 distributions going on.
1. Model is X given parameter. 2. Prior is distribution of that parameter Then we get some data(experience) 3. Posterior: Now, we can make the distribution for the parameter given the data 4. Predictive: now we can get the distribution of what we're modelling(losses, number of claims, etc.) Given the data 
#65




Quote:

#67




I haven’t seen any practice problems on Adapt or in the SOA questions regarding the chisquare test for aggregate frequency data. I remember I had a hard time with this when I was going through the material and there was only one sample problem in the CA video.
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Introductory I: Introductory II: Actuarial: LTAM  Advanced: FAP  PA Professionalism: APC 
#69




Finally got to a level 5. Not sure what I want to do for the next two weeks before exam. Certainly at least another 2 practice tests, but how much time for reviewing and how much for more practice??? I know a level 5 is not "I'm surely going to pass" but I think it at least gives me a shot at it.

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