Actuarial Outpost
Go Back   Actuarial Outpost > Exams - Please Limit Discussion to Exam-Related Topics > SoA/CAS Preliminary Exams > Exam 3/MLC - Actuarial Models
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions

DW Simpson
Actuarial Jobs

Visit our site for the most up to date jobs for actuaries.

Actuarial Salary Surveys
Property & Casualty, Health, Life, Pension and Non-Tradtional Jobs.

Actuarial Meeting Schedule
Browse this year's meetings and which recruiters will attend.

Contact DW Simpson
Have a question?
Let's talk.
You'll be glad you did.

Thread Tools Display Modes
Old 12-04-2017, 05:55 AM
MemorizingFormulas MemorizingFormulas is offline
Join Date: Nov 2016
Studying for Time Series, Regression
Posts: 28
Default How to calculate tPx01 in temporary disability Markov Chain

Please kindly check the picture. Thank you!
Attached Images
Econ Finance Stat
Reply With Quote
Old 12-04-2017, 07:40 AM
Gandalf's Avatar
Gandalf Gandalf is offline
Site Supporter
Site Supporter
Join Date: Nov 2001
Location: Middle Earth
Posts: 30,792

Originally Posted by MemorizingFormulas View Post
Please kindly check the picture. Thank you!
Why not use Euler's approximation? It's likely the best thing available under exam conditions.

I could point out some other possibilities for real life situations, some of them not feasible under exam conditions, but don't even want to bother suggesting them if they wouldn't help whatever reason you don't want to use Euler.
Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

All times are GMT -4. The time now is 02:32 PM.

Powered by vBulletin®
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.12693 seconds with 10 queries