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

DW Simpson International Actuarial Jobs
Canada  Asia  Australia  Bermuda  Latin America  Europe


Investment / Financial Markets Old Exam MFE Forum

Reply
 
Thread Tools Search this Thread Display Modes
  #11  
Old 08-02-2012, 11:05 PM
eatingsandwich eatingsandwich is offline
Member
CAS
 
Join Date: Jul 2012
College: Done
Posts: 644
Default

69%
Reply With Quote
  #12  
Old 08-02-2012, 11:16 PM
tomhawk24 tomhawk24 is offline
Member
SOA
 
Join Date: Dec 2011
Location: Midwest
Studying for GHA
Favorite beer: Belgian
Posts: 345
Default

Quote:
Originally Posted by eatingsandwich View Post
69%
hehe
__________________
Exams: P FM MFE MLC C GHC GHA GHS
VEE: Economics Finance Stats
FAP: IA FA
FSA Modules: FE HF PRF DMAC
Reply With Quote
  #13  
Old 08-03-2012, 12:26 AM
hello_actuary hello_actuary is offline
Member
CAS SOA
 
Join Date: Jul 2012
Posts: 826
Default

Quote:
Originally Posted by eatingsandwich View Post
69%
How could this be possible? 21/30 = 70%. There is no 69%.
Reply With Quote
  #14  
Old 08-03-2012, 04:42 AM
drsingh drsingh is offline
Member
CAS SOA
 
Join Date: Jul 2012
Posts: 453
Default

Well, then what does passing score of 72% mean?

If 21 out of 30, that would mean be 70%.
If 22 out of 30, that should, rounded to nearest whole integer, be 73%.

So why 72%?
Reply With Quote
  #15  
Old 08-03-2012, 08:21 AM
ItsATrap's Avatar
ItsATrap ItsATrap is online now
Member
SOA AAA
 
Join Date: Jan 2012
Favorite beer: Sam Adams Summer Seasonal
Posts: 768
Default

There are a few people on this thread that I am afraid have the same IQ as a bottle of salad dressing.
__________________
"Admiral Ackbar Cereal: Your tongues can't repel flavor of that magnitude!"
Reply With Quote
  #16  
Old 08-03-2012, 08:28 AM
Sub_Zero Sub_Zero is offline
Member
 
Join Date: May 2006
Posts: 1,736
Default

Quote:
Originally Posted by drsingh View Post
Well, then what does passing score of 72% mean?

If 21 out of 30, that would mean be 70%.
If 22 out of 30, that should, rounded to nearest whole integer, be 73%.

So why 72%?
pilot questions
Reply With Quote
  #17  
Old 08-03-2012, 09:03 AM
Time_value_of_Sex's Avatar
Time_value_of_Sex Time_value_of_Sex is offline
Member
CAS SOA CCA AAA
 
Join Date: Jun 2012
Location: Swishville
College: Scarlet Knights
Posts: 50
Default

The SOA says nothing about pilot questions in the documnet the released with pass marks, and they say the grades marks are calculated X/30

Does this mean there are no pilot questions?
__________________
Reply With Quote
  #18  
Old 08-03-2012, 09:15 AM
ebeebs ebeebs is offline
Member
SOA
 
Join Date: Jul 2008
Location: New England
Posts: 2,992
Default

Class time.

For CBT they release the average pass mark required to get a passing score. Not everybody is answering the same 30 questions. Some people may need 22 right to pass, some may need 21, depending on the difficulty of your specific exam. Because of that, the passmark doesn't need to be a perfect 22/30 or 18/25 or w/e. It can be anything reasonable (where reasonable is apparently 50-70%+).
Reply With Quote
  #19  
Old 08-03-2012, 09:15 AM
ebeebs ebeebs is offline
Member
SOA
 
Join Date: Jul 2008
Location: New England
Posts: 2,992
Default

Quote:
Originally Posted by Time_value_of_Sex View Post
The SOA says nothing about pilot questions in the documnet the released with pass marks, and they say the grades marks are calculated X/30

Does this mean there are no pilot questions?
CBTs have pilot questions. That's how they build the question bank.
Reply With Quote
  #20  
Old 08-03-2012, 09:16 AM
ebeebs ebeebs is offline
Member
SOA
 
Join Date: Jul 2008
Location: New England
Posts: 2,992
Default

Quote:
Originally Posted by ItsATrap View Post
There are a few people on this thread that I am afraid have the same IQ as a bottle of salad dressing.
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
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 10:17 PM.


Powered by vBulletin®
Copyright ©2000 - 2019, 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 0.23963 seconds with 9 queries