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



Long-Term Actuarial Math Old Exam MLC Forum

Reply
 
Thread Tools Search this Thread Display Modes
  #91  
Old 07-19-2018, 10:47 AM
ActuariallyDecentAtBest ActuariallyDecentAtBest is offline
Member
SOA
 
Join Date: Dec 2016
Posts: 262
Default

Quote:
Originally Posted by Liar View Post
Have you done ADAPT quizzes? I do 10-question quizzes after each section.
I'm on premiums right now.

So far, there wasn't a single problem I didn't know how to solve. I make a silly calculation mistake on my quizzes and end up with a 9, but I at least know how to solve every problem.

Now, my ASM and TIA friends & coworkers on the other hand...

We decided to study together once and I was a bit afraid when I saw them solve problems in ways I haven't seen, but every single time, they say "Wait, was it this formula or that formula"?
I got all the questions right in our get together sessions, while they got almost everything wrong.
You must be so proud of yourself. I have an average IQ and TIA worked pretty damn well for me and helped me master MLC...
Reply With Quote
  #92  
Old 07-19-2018, 10:48 AM
ActuariallyDecentAtBest ActuariallyDecentAtBest is offline
Member
SOA
 
Join Date: Dec 2016
Posts: 262
Default

Quote:
Originally Posted by NchooseK View Post
1) Memorize the integral of xe^-x.

2) And know the geometric series well.

3) If this needs to be said, be comfortable with the laws of exponents.

4) If you see a tough integral, there is probably a better way to do it.

5) They go easy on the Calculus. No limits, time-consuming integrals, I can't recall any derivatives. No trig, no surface-area integrals. The only double integrals will look like this: int(from 0 to inf) of e^(-int from 0 to t of likely a constant). Also double integrals in the Markov Chain section. Markov chains can get messy, so perform each integral on one line. You will see. They are very easy individually if you avoid the clunkiness.

6) Again if this needs to be said, remember to switch the sign of the inequality when mult/dividing by a negative number. You will be taking a ton of natural logs of positive numbers less than 1, which are obviously negative. Can kinda get screwy with tons of minus signs.

7) Spare yourself the Calculus and read Makeham's Law at the bottom of the new set of tables.

8) The new topic on Long-Term Insurance Coverage has some messing around with integral limits, but it is straightforward.

9) Know the following integral with respect to t: x^t.

10) mu_x+t = f_t(x)/S_t(x)

This forum needs native LaTeX.

You'll do great!
Liar has a pretty high IQ, so he should be okay.
Reply With Quote
  #93  
Old 07-19-2018, 11:56 AM
Master_of_my_domain Master_of_my_domain is offline
Member
SOA
 
Join Date: May 2018
College: University of Colorado
Posts: 196
Default

I'm really liking the CA manual so far. It feels like the way the manual is written is actually how we ought to write WA portion of the exam.

A lot of the derivations are straightforward but what might seem meticulous and tedious at first starts making a ton of sense and if I were a grader, I would give more partial credit to the way that CA derives a lot of the equations because they go step by step.

Anyway, plenty of time before October to practice this but I've started trying to take CA's approach even on the ADAPT MC problems, just in the hope that it subconsciously prepares me for the WA.
Reply With Quote
  #94  
Old 07-20-2018, 07:18 AM
magicjello magicjello is offline
Member
SOA
 
Join Date: Sep 2015
Posts: 132
Default

Can't decide if I should get just the manual or the manual plus videos from CA. Honestly, I can't decide if I should even sit for this in October or try Predictive Analytics in December. I'm giving myself until 7/24 when they release the PA modules to make my final decision and then I need to get to work.
Reply With Quote
  #95  
Old 07-20-2018, 08:52 AM
ActuariallyDecentAtBest ActuariallyDecentAtBest is offline
Member
SOA
 
Join Date: Dec 2016
Posts: 262
Default

Quote:
Originally Posted by magicjello View Post
Can't decide if I should get just the manual or the manual plus videos from CA. Honestly, I can't decide if I should even sit for this in October or try Predictive Analytics in December. I'm giving myself until 7/24 when they release the PA modules to make my final decision and then I need to get to work.
You don't need a manual for this exam. Videos are enough. Honestly, I'd go with TIA but that's just my personal preference because the instructor for MLC/LTAM is incredible and explains everything very well.
Reply With Quote
  #96  
Old 07-20-2018, 02:36 PM
magicjello magicjello is offline
Member
SOA
 
Join Date: Sep 2015
Posts: 132
Default

Quote:
Originally Posted by ActuariallyDecentAtBest View Post
You don't need a manual for this exam. Videos are enough. Honestly, I'd go with TIA but that's just my personal preference because the instructor for MLC/LTAM is incredible and explains everything very well.
This will be my 4th (uggghhh) sitting, and I've been through the videos before (both TIA and CA, actually). So, while I normally am a proponent for the videos, I'm wondering if they are necessary/appropriate for me personally for this sitting. My biggest hurdle at this point is time, so I'm planning to really hammer on practice problems, BUT I definitely need something for learning the new material, and there are obviously topics I am weak on that I think a manual (or videos) could help me sort out.

On another note, I am VERY tempted to take a break from this exam and start from "scratch" for the spring sitting. Maybe do a live seminar at that time.
Reply With Quote
  #97  
Old 07-21-2018, 09:53 PM
Meepo's Avatar
Meepo Meepo is offline
Member
SOA
 
Join Date: Mar 2014
Location: Here In My garage
Studying for Undecided
College: University of Phoenix
Posts: 219
Default

Quote:
Originally Posted by magicjello View Post
This will be my 4th (uggghhh) sitting, and I've been through the videos before (both TIA and CA, actually). So, while I normally am a proponent for the videos, I'm wondering if they are necessary/appropriate for me personally for this sitting. My biggest hurdle at this point is time, so I'm planning to really hammer on practice problems, BUT I definitely need something for learning the new material, and there are obviously topics I am weak on that I think a manual (or videos) could help me sort out.

On another note, I am VERY tempted to take a break from this exam and start from "scratch" for the spring sitting. Maybe do a live seminar at that time.
Which did you like most? TIA or CA?
__________________
P FM MFE C LTAM PA The Rest
Meepo is love, Meepo is life.
Reply With Quote
  #98  
Old 07-23-2018, 07:35 AM
magicjello magicjello is offline
Member
SOA
 
Join Date: Sep 2015
Posts: 132
Default

Quote:
Originally Posted by Meepo View Post
Which did you like most? TIA or CA?


I like the TIA videos, forum, and video solutions better, but I prefer CA Adapt to the TIA practice problem system and I like having the CA manual better than the TIA lecture "notes". I don't think either product is bad or weak, and personally haven't noticed a huge difference in one against the other for this exam (MLC at least). Some exams it seems that one is definitely the way to go, but here feels more like personal preference.
Reply With Quote
  #99  
Old 07-30-2018, 08:42 AM
Gettin Lucky In Kentucky Gettin Lucky In Kentucky is offline
SOA
 
Join Date: Apr 2018
Location: Louisville Ky
Studying for PA
College: Eastern Kentucky University Graduate
Posts: 27
Default

For those of you using the TIA seminar, how many questions have you completed in the worked problems bank and about whats your first pass percentage? I'm almost finished (Appx 600 problems worked) and sitting around 55%.
Reply With Quote
  #100  
Old 07-30-2018, 10:15 AM
Bama Gambler's Avatar
Bama Gambler Bama Gambler is offline
James Washer / Notes Contributor
SOA
 
Join Date: Jan 2002
Location: B'ham, AL
Posts: 17,238
Default

Quote:
Originally Posted by Gettin Lucky In Kentucky View Post
For those of you using the TIA seminar, how many questions have you completed in the worked problems bank and about whats your first pass percentage? I'm almost finished (Appx 600 problems worked) and sitting around 55%.
That's great!

This week we are going to add the SOA sample problems to the bank.
__________________

We help people pass actuarial exams.

Follow us on Twitter, Facebook, and LinkedIn.

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 12:14 AM.


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 0.28997 seconds with 9 queries