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#831
02-24-2011, 06:05 AM
 coact Member Join Date: Jan 2010 Posts: 160

Finally finished reserve parts (ch.27-33), did most at the end of chapter problems.

Ch.34, joint-status, is a real piece of cake compared to reserve.
#832
02-24-2011, 10:28 AM
 ker8 Member SOA Join Date: Apr 2009 Studying for modules Posts: 928

I'm finally into annuities. I like these much better than survival functions or insurance. (Probably b/c I have at least some experience b/c of FM, even if it was almost 3 years ago...)
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#833
02-24-2011, 10:57 AM
 d123454321 Member SOA Join Date: Jan 2011 Posts: 1,192

Quote:
 Originally Posted by coact Finally finished reserve parts (ch.27-33), did most at the end of chapter problems. Ch.34, joint-status, is a real piece of cake compared to reserve.
Ch 32-33 both say how nearly all of the topics are very rarely on exams.

Do you think it makes sense to skip these?

Looking at the exercises, The recursive reserve chapter, ch 31 has the most CAS/SOA questions at the end of lesson meaning it is probably most likely to be on exam, while ch 32-33 have like none.
#834
02-24-2011, 11:33 AM
 coact Member Join Date: Jan 2010 Posts: 160

Quote:
 Originally Posted by d123454321 Ch 32-33 both say how nearly all of the topics are very rarely on exams. Do you think it makes sense to skip these? Looking at the exercises, The recursive reserve chapter, ch 31 has the most CAS/SOA questions at the end of lesson meaning it is probably most likely to be on exam, while ch 32-33 have like none.
I was gonna skip ch.32,33, but it comes to me that if one of those rare questions appears on the exam, I'd better be prepared. I failed last sitting by one question, and I never want to experience that painful moment again. I still have more than two months, so it would be worthwhile to go over those painful sections. Rare questions could be on rare exams.
#835
02-24-2011, 11:37 AM
 d123454321 Member SOA Join Date: Jan 2011 Posts: 1,192

The thing is, I feel like if I am memorizing this junk with 90% chance not even on the exam, it takes away my focus from core areas that have 5-6 questions.

There's not even any practice SOA/CAS questions on it, so all the exercises are made up ASM problems, I think the worst would be to go over it and not be able to get the actual question right.

Good luck studying.
#836
02-24-2011, 03:02 PM
 cat060 SOA Join Date: Nov 2010 Studying for MLC MFE College: Career Changer Posts: 22 Blog Entries: 8
My rule for skipping topics

You can skip them for now and back to them later. As for the probability of doing the ASM problems and missing the actual exam problem on those sections: I would say the probability is very small. ASM problems are harder than the exam problems.

Here is the rule I go by for any exam:

It is better to know everything of something rather than knowing something of everything. Of course, there is nothing better if you know everything of everything.

Moral of the story: do not make a selection out of a selection.

This is one of the rules given to me by my Math teacher in school. He would start every year by repeating a set of 10-15 rules. The first one was "never read mathematics". I have all the rules written down somewhere. Till date I have never flouted them and never failed an exam. Just my 2 cents.
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#837
02-24-2011, 03:53 PM
 McHungry CAS Join Date: May 2010 Posts: 27

Quote:
 Originally Posted by cat060 This is one of the rules given to me by my Math teacher in school. He would start every year by repeating a set of 10-15 rules. The first one was "never read mathematics". I have all the rules written down somewhere. Till date I have never flouted them and never failed an exam. Just my 2 cents.
Would you like to do the AO world a favor and share those rules?

=)
#838
02-24-2011, 05:20 PM
 LifeIsAPoissonProcess Member CAS SOA AAA Join Date: Aug 2010 Favorite beer: Curmudgeon's Better 1/2 Posts: 6,956

Quote:
 Originally Posted by cat060 This is one of the rules given to me by my Math teacher in school. He would start every year by repeating a set of 10-15 rules. The first one was "never read mathematics". I have all the rules written down somewhere. Till date I have never flouted them and never failed an exam. Just my 2 cents.

I have never killed a patient while operating on him during open-heart surgery.
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#839
02-24-2011, 05:51 PM
 ActuarialConduct Member SOA Join Date: Feb 2010 Posts: 92

still waiting on my goddam materials to ship.... seeing you all make progress while i'm here sitting around is killing me
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#840
02-24-2011, 06:19 PM
 kdiz Member Join Date: Aug 2010 Posts: 131

couldn't help but laugh at James' pronunciation of "Poisson"... he butchers it with his American accent.