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  #181  
Old 04-13-2018, 09:31 PM
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SethS18 SethS18 is offline
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Originally Posted by NchooseK View Post
Kasem,

The most helpful thing I can say is that you need to read a manual in its entirety prior to attempting the few true exam simulations we have.

The superscript is Markov model notation, not insurance. I want to be kind, however, you do not have the requisite knowledge right now to handle most WA questions. If you are sitting on the 24th, I would study hard until the 22nd, passively study on the 23rd, and sit on the 24th. I really hope I'm wrong, but I do not expect you to do well without this crucial knowledge this late in the game. Others and I will continue to try and answer your questions, but do yourself a favor and read a manual. Read it twice! I read mine at least three times. The material here is heavier than any of the other prelims.

Best of luck!
Kind regards.

-Andy
I think you're referring to the broad categories where the notation can be found in a CA formula sheet or something similar, correct? Yes, that notation is found with markov models, but more specifically it is found with models where there are more than 2 states. A markov process is just when the random variable of interest's probabilities of being in a future state are dependent on its current state (the lifetime random variable follows a markov process). A markov model is a model to which the process pertains to. So, technically a single decrement model is also a markov model. The insurance notation "A" can be applied to any of the various multiple state models covered in MLC (or even not covered). There isn't a section of multiple lives subject to multiple decrements, but in theory it could be asked, and the notation would still apply.

The categories in most formula sheets do a great job of grouping similar topics roughly to make it easier to digest, but there is still a lot of overlap.
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Last edited by SethS18; 04-13-2018 at 09:44 PM..
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  #182  
Old 04-14-2018, 05:05 PM
NoFunnyStuff NoFunnyStuff is offline
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Originally Posted by sooneroo View Post
What are your strategies for the fifteen minute read-through period? I am gravitating towards spending all of it in making a general plan for each of the MC questions. That way, I can get them done ASAP, and focus a majority of my time on WA.

I found that spending time reading through the WA questions don't really help because I will need to read it much more thoroughly when I get to it anyway.
Read thru the WA and pick two that I can knock off rapidly and move on to MC. Also, scan thru the MC and identify what to skip for my first pass and then come back to those I did not touched if time allows.
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  #183  
Old 04-15-2018, 08:06 AM
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Doing the WA section of spring 2015, and these problems are ALL my weak point...yikes! I have not encountered this on the other practice exams (WA or MC sections). Hopefully, the 24th isn't like this.
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  #184  
Old 04-15-2018, 05:56 PM
ActuariallyDecentAtBest ActuariallyDecentAtBest is online now
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Is it me or are the Spring and Fall 2017 exams ridiculously harder than Fall 2016??? What the heck.
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  #185  
Old 04-15-2018, 06:14 PM
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Is it me or are the Spring and Fall 2017 exams ridiculously harder than Fall 2016??? What the heck.
Agree. I feel like this one will either be a gimme or an absolute beast.
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  #186  
Old 04-15-2018, 06:42 PM
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Agree. I feel like this one will either be a gimme or an absolute beast.
Seriously. Those insane amount of small calculations in the Spring 2017 one fried my brain......there would've been no way I passed that exam if I took it in the actual sitting.

EDIT: Maybe I would've. I think I'm overreacting and overthinking this whole stuff man. I'm so burnt out.

Last edited by ActuariallyDecentAtBest; 04-15-2018 at 09:30 PM..
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  #187  
Old 04-15-2018, 09:58 PM
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EDIT: Maybe I would've. I think I'm overreacting and overthinking this whole stuff man. I'm so burnt out.
Truth.
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And NUH is the letter I use to spell Nutches
Who live in small caves, known as Nitches, for hutches,
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  #188  
Old 04-15-2018, 11:32 PM
Squeenasaurus Squeenasaurus is offline
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Just peeked at the fall 2017 thread and when they were a week out, they had about 50 pages in their thread. We're at 20. Really low attendance this sitting I guess
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  #189  
Old 04-16-2018, 05:41 AM
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Originally Posted by magicjello View Post
Doing the WA section of spring 2015, and these problems are ALL my weak point...yikes! I have not encountered this on the other practice exams (WA or MC sections). Hopefully, the 24th isn't like this.
I take it back, it was just the first 3, the rest was not so bad. The 4th one was almost too easy.
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  #190  
Old 04-16-2018, 05:42 AM
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Originally Posted by PerpetualMotion View Post
Agree. I feel like this one will either be a gimme or an absolute beast.
I feel like I deserve a 'gimme' after sitting for those two, but I don't feel confident that we'll get one.
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