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 Probability Old Exam P Forum

#71
08-10-2013, 09:13 AM
 Amin SOA Join Date: Jul 2013 Posts: 9

Thank you all for your help and support. Allhamdulillah cleared Exam P on July 29th and now preparing for MLC.
Some Useful tips for exam:
Remember:
Law of Total Variance
Central Limit Theorem
Mgfs and mean/variance/mode of all distributions. (I was tested on the MGF of a Gamma distribution)
Master the SOA 153 especially the first 100 questions.
Best of Luck to everyone!
#72
09-26-2013, 08:05 PM
 nmwegman SOA Join Date: Jan 2013 College: North Central College Posts: 5
Probability and Density Function List

This lists all the density/probability functions plus the domain, mean, variance, and mgf for each function. Hope it helps!
Attached Images
 Probability and Density Function List.pdf (109.6 KB, 2685 views)
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#73
07-20-2014, 10:13 PM
 aweng Member CAS Join Date: Jul 2014 Posts: 130

Quote:
 Originally Posted by theteacher I typed up these tables to help me memorize the discrete distributions. I started each study session by filling in everything I could remember, then reviewing the things I didn't remember. I did the same with the continuous distributions, but I can't find the file I found that knowing all the distributions like the back of my hand was somewhat helpful during the exam, but not nearly as helpful as having done tons of problems.
This is so helpful. Thank you so much!
#74
09-25-2014, 09:37 AM
 hurricane CAS SOA Join Date: Sep 2014 College: Postgraduate Posts: 10
Exam P, suggestions?

Hello friends,

I want to say Hi to everyone! I am new to this forum. I am preparing for Exam P. I was hoping to find suggestions, and experiences of members who gave the exam recently. But I can not find anything other than notes and formulas. Am I digging in a wrong place? Any suggestions and experiences from the recent exam takers would be highly appreciated.

I have been practicing past exam problems which are pretty old (before computer based system). Is there a place where I can find recent practice problems for free??

Thank you!
#75
10-17-2014, 10:00 PM
 bdukelpplant Member SOA Join Date: Aug 2014 College: Michigan Technological University Posts: 47
Original Practice Exam P

In order to prepare for exams, it helps me to design an exam just as a test maker would. Therefore, I made my own exam P and designed it with potential trap answers. I have attached a pdf version of the test if anyone is interested in taking it for practice.

EDIT: After six months of on-and-off work, I am proud to say it is now complete with an answer key, solutions, remarks, and difficulties.
Attached Images
 Exam P Practice Exam by Jared Nakamura.pdf (209.6 KB, 2517 views)
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Last edited by bdukelpplant; 03-28-2015 at 09:39 PM..
#76
12-10-2014, 02:16 PM
 Whenindoubtcalculate SOA Join Date: Dec 2014 Location: Utah, Orem Studying for P College: Utah Valley University Posts: 14

#77
04-18-2015, 10:17 PM
 UFActuary Member Join Date: Jul 2005 Posts: 3,431

Quote:
 Originally Posted by bdukelpplant In order to prepare for exams, it helps me to design an exam just as a test maker would. Therefore, I made my own exam P and designed it with potential trap answers. I have attached a pdf version of the test if anyone is interested in taking it for practice. EDIT: After six months of on-and-off work, I am proud to say it is now complete with an answer key, solutions, remarks, and difficulties.
I think you have a typo on your bottom of page 38 solution to #4.

I think you mean to say for the Venn diagram equation
We want to solve for
b/(b+c+d).

Not d/(b+c+d)

Where
d/(d+c) = .5 and
b/(b+c) = .6

With the correction it comes to
(2/3)*c / (8/3)*c
Which gives the .25 solution
Otherwise it comes to 3/8ths which isn't the answer
#78
05-08-2015, 10:48 PM
 Rucha SOA Join Date: Mar 2015 Studying for Exam P Posts: 4

Hey, would any one please tell how much time one should take to solve a problem for Exam P? Please mention the books that you used for your exam. I think I am taking too long to solve the problems.
#79
07-08-2015, 05:01 PM
 Trapnel SOA Join Date: Jun 2015 College: Iowa State University Posts: 3
Exam P Formula Sheet

Here is the formula sheet I developed while studying for Exam P. I am a career changer and passed the exam in May. Possibly some typos but hopefully it might help others.
Attached Images
 Exam P Formula Sheet PDF.pdf (420.5 KB, 1671 views)
#80
07-09-2015, 11:19 PM
 jmin012 Member CAS Join Date: Dec 2013 Posts: 265

Quote:
 Originally Posted by Trapnel Here is the formula sheet I developed while studying for Exam P. I am a career changer and passed the exam in May. Possibly some typos but hopefully it might help others.
Thanks, this is pretty sweet. Any advice? I am taking it on July 27th. For reference, I have an EL of 7.83 from taking level 5 and 6 exams, done and understand TIA PE 1-4, have not done the SOA 240.