Actuarial Outpost Fall 2018 LTAM Progress Thread
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 Long-Term Actuarial Math Old Exam MLC Forum

#91
07-19-2018, 10:47 AM
 ActuariallyDecentAtBest Member SOA Join Date: Dec 2016 Posts: 387

Quote:
 Originally Posted by Liar 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...
#92
07-19-2018, 10:48 AM
 ActuariallyDecentAtBest Member SOA Join Date: Dec 2016 Posts: 387

Quote:
 Originally Posted by NchooseK 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.
#93
07-19-2018, 11:56 AM
 Master_of_my_domain Member SOA Join Date: May 2018 College: University of Colorado Posts: 202

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.
#94
07-20-2018, 07:18 AM
 magicjello Member SOA Join Date: Sep 2015 Posts: 142

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.
#95
07-20-2018, 08:52 AM
 ActuariallyDecentAtBest Member SOA Join Date: Dec 2016 Posts: 387

Quote:
 Originally Posted by magicjello 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.
#96
07-20-2018, 02:36 PM
 magicjello Member SOA Join Date: Sep 2015 Posts: 142

Quote:
 Originally Posted by ActuariallyDecentAtBest 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.
#97
07-21-2018, 09:53 PM
 Meepo Member SOA Join Date: Mar 2014 Location: Here In My garage Studying for Undecided College: University of Phoenix Posts: 237

Quote:
 Originally Posted by magicjello 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?
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#98
07-23-2018, 07:35 AM
 magicjello Member SOA Join Date: Sep 2015 Posts: 142

Quote:
 Originally Posted by Meepo 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.
#99
07-30-2018, 08:42 AM
 Gettin Lucky In Kentucky Member SOA Join Date: Apr 2018 Location: Louisville Ky Studying for Specialty College: Eastern Kentucky University Graduate Posts: 32

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%.
#100
07-30-2018, 10:15 AM
 Bama Gambler James Washer / Notes Contributor SOA Join Date: Jan 2002 Location: B'ham, AL Posts: 17,240

Quote:
 Originally Posted by Gettin Lucky In Kentucky 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.
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