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Old 04-03-2016, 12:18 PM
JoeGot JoeGot is offline
Join Date: Aug 2013
Location: ny
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Default Constant Force and Uniform Mortality (DeMoirves Law)

I'm working through ASM and TIA in parallel (and very behind... :-/ ), and I'm seeing the following difference:

ASM emphasizes that constant force and uniform mortality are rarely on exams, and gives the impression that while they are valuable shortcuts, they shouldn't be focused on.
TIA seems to focus a lot on these simplifications and most of the practice problems (at least that I've seen) use them.

Can anyone weigh in on which approach is 'correct' and is it worth spending lots of time on the shortcuts?

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Old 04-03-2016, 12:24 PM
Bama Gambler's Avatar
Bama Gambler Bama Gambler is offline
James Washer / Notes Contributor
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CF is useful because many continuous Markov chain problems assume constant transition forces and understanding CF helps with those. DML is not very useful anymore but is still possible on the exam. If you look at my sample exams you will not find any DML problems.

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asm, mlc, tia

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