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Long-Term Actuarial Math Old Exam MLC Forum

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  #211  
Old 12-17-2010, 12:14 PM
Ellie2806 Ellie2806 is offline
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Originally Posted by DanielSong39 View Post
Ellie2806, I hope you passed MLC. I thought you were one of the most prepared people in the forum and I was surprised to hear that you were on the border.

But in case you didn't pass - have you considered going over another resource? I like ASM as much as the next person, but maybe a fresh approach is what you need. Guo, Dr. O, Broverman, Ramanathan, and ACTEX have all released study manuals for the MLC, and they seem to be mostly OK, based on what I'm hearing.

One of my tricks during exam preparation was to learn the same material in a slightly different way multiple times. That really helped me solidify my understanding of the material and led to a probable pass in January. Maybe it could work for you.
DanielSong, i greatly appreciate your post.
I really did feel prepared going into the exam, but my problem is not the material itself it is speed and time pressure
If it turns out that i didn't pass, i'll definitely look into other study options, i think Dr O is my best bet, but as for now, I go through all the ASM lessons giving myself 6 min per problem. There is no way i'll let myself be borderline in May. If i have to train to go through all 30 problems in 1.5 hours so be it.
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  #212  
Old 12-17-2010, 02:31 PM
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Ellie,

I would recommend TIA and/or the Batten Seminar. I can personally speak for TIA as i am currently using it. James Washer (the instructor) is one of the best teachers i have had in recent memory. He explains the MLC material from a 'logical' perspective without bogging down the student with unnecessary mathematical rigors. His treatment is lucid and complete. I personally never go through the theory from ASM. I use ASM just for the problems. I would seriously ask you to consider watching the 2 free videos on survival distributions at

http://www.theinfiniteactuary.com/?page=soa_mlc

Of course, the final decision is yours but i sincerely believe the TIA MLC seminar will help you. Please note i am not in any way affiliated to the TIA business. I am just one of their many students.

best wishes
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  #213  
Old 12-17-2010, 02:57 PM
Ellie2806 Ellie2806 is offline
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Cat060, thank you for the recommendation, i'll definitely consider TIA, it's a bit expensive and i am out of work right now, but it may turn out to be a good investment after all,
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  #214  
Old 12-17-2010, 02:58 PM
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I had a really bad question posted here.. hopefully no one saw it before I edited this post.

Last edited by kernel; 12-17-2010 at 03:14 PM..
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  #215  
Old 12-17-2010, 07:16 PM
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Nothing wrong with your logic. We assume T(x) is continuous, but if it isn't, then there is a difference between the two concepts you mentioned.
Will we ever deal with a case where T(x) is not continuous? I'm trying to think of real life examples...
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  #216  
Old 12-17-2010, 07:56 PM
backpocket9ball backpocket9ball is offline
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Will we ever deal with a case where T(x) is not continuous? I'm trying to think of real life examples...
I don't remember discrete examples coming up on MLC, but a real-life example of discrete survival analysis could be any situation in which the timing of an event is continuous, but data is only collected at discrete time intervals -- for example, the grade that someone drops out of school.
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  #217  
Old 12-19-2010, 12:44 AM
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Finally bought my manual, it's gonna be a bittersweet present under the Christmas tree...
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  #218  
Old 12-19-2010, 04:58 PM
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Finally bought my manual, it's gonna be a bittersweet present under the Christmas tree...
awww
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Does he math good?

I need a geek in the streets but a mathlete in the sheets.
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  #219  
Old 12-19-2010, 11:21 PM
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Hello everyone... I hope it will be ok if I join this discussion. I just received the ASM manual yesterday.

I have no experience with any of this stuff. Unless you count P/FM knowledge. So I'm a little nervous after glancing through some of your posts. Many of you sound quite proficient already!

With that said, I should be getting back to chapter 6...
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  #220  
Old 12-20-2010, 08:02 AM
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Originally Posted by RDslippers View Post
Hello everyone... I hope it will be ok if I join this discussion. I just received the ASM manual yesterday.

I have no experience with any of this stuff. Unless you count P/FM knowledge. So I'm a little nervous after glancing through some of your posts. Many of you sound quite proficient already!

With that said, I should be getting back to chapter 6...
im on chapter six too!
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Does he math good?

I need a geek in the streets but a mathlete in the sheets.
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