Actuarial Outpost June 2016 Exam C Thread
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 Short-Term Actuarial Math Old Exam C Forum

#91
01-20-2016, 12:34 PM
 ActuarialJL1980 Member CAS Join Date: May 2015 Studying for S Posts: 147

That's pretty intense.

Just looking at Inverse Weibull E[(X^x)^k] and inverse Gaussian E[X^x]. The lognormal function was supplied on MFE, can others confirm we are required to memories all these?
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#92
01-20-2016, 12:46 PM
 Tramopoline! Member SOA Join Date: Mar 2015 Studying for GH Core Posts: 309

Okay, let's try again.
Quote:
 Originally Posted by Tramopoline! The tables are supplied for the exam,
That part's straightforward, right? It means, you don't have to memorize the formulas in the table because they "are supplied."

Quote:
 but you'll probably have memorized most of the commonly used formulas by the time you take the exam.
This means, through the process of studying and preparing for the exam, you'll end up memorizing many of the formulas in the tables. Not through trying to memorize them, but through repetition of use.
#93
01-21-2016, 08:21 AM
 ActurialMike Member CAS SOA Join Date: Aug 2014 Posts: 457

Quote:
 Originally Posted by Tramopoline! The tables are supplied for the exam, but you'll probably have memorized most of the commonly used formulas by the time you take the exam.
Holy crap: just opened that up for the first time and boy am I scared. I hope you're right.
#94
01-21-2016, 11:02 AM
 nepomucenoj1 Member SOA Join Date: Jul 2014 College: Central College Posts: 87

Can anyone confirm if the (abo) and frailty models aren't tested anymore? I don't see them on the syllabus.
#95
01-21-2016, 12:13 PM
 daaaave David Revelle Join Date: Feb 2006 Posts: 3,020

Section B sentence one lists all (a, b, 0) distributions by name, then item 5 says that you have to be apply to apply zero-truncated and zero-modified versions to applications, so (a, b, 1) distributions are thus also explicitly stated on the syllabus.

For frailty models, all of Chapter 5, which is where they are discussed in the text, is listed. The wording doesn't explicitly mention them, but the relevant part of the syllabus (A.4) hasn't changed the wording since at least 2013 and there are sample questions in the SOA 305 that use some of the concepts of frailty models.
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#96
01-23-2016, 11:48 AM
 Dmilito22 SOA Join Date: Nov 2015 College: ITAM Posts: 8

I understand that the tables are supplied for the exam, however i would like to know if the distributions on appendix A and B also are supplied or some of them? i know that for repetition i will memorize the common formulas but which ones actually i have to know? only the common ones?
#97
01-24-2016, 09:51 PM
 Tramopoline! Member SOA Join Date: Mar 2015 Studying for GH Core Posts: 309

Quote:
 Originally Posted by Dmilito22 I understand that the tables are supplied for the exam, however i would like to know if the distributions on appendix A and B also are supplied or some of them?
Everything that falls under what the SOA calls "Tables for Exam C" is supplied during the exam. This includes the distributions in Appendices A and B from Loss Models, 3rd Edition.
#98
01-24-2016, 10:09 PM
 Jim Daniel Member SOA Join Date: Jan 2002 Location: Davis, CA College: Wabash College B.A. 1962, Stanford Ph.D. 1965 Posts: 2,705

Quote:
 Originally Posted by Tramopoline! Everything that falls under what the SOA calls "Tables for Exam C" is supplied during the exam. This includes the distributions in Appendices A and B from Loss Models, 3rd Edition.
Not quite true. Some things in the textbook tables have been edited out to produce the tables provided on the exam. I used to think that that was a hint that the SoA might want you to memorize or be able to derive the things that were deleted, but that has not proved to be the case.
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#99
01-25-2016, 08:21 AM
 Tramopoline! Member SOA Join Date: Mar 2015 Studying for GH Core Posts: 309

Yes. Thanks for the clarification, Jim. I skipped the word "excerpts" for some reason.

Nevertheless, I hope by now they've understood that these tables are supplied when they take the exam.
#100
01-25-2016, 04:18 PM
 ActurialMike Member CAS SOA Join Date: Aug 2014 Posts: 457

Anybody know when the June registration opens up? Not that I'm in a major hurry; just curious.