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ShortTerm Actuarial Math Old Exam C Forum 

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#22




Ok you are right. I must have misread your post thinking that you were asking people for the letter they went with. My bad.

#24




Count up my different answers...use the least common letter for questions I don't know. That simple. Only takes a couple of minutes to do (longer since now to tally up all the answers you have to click through each question instead of just looking at the answer sheet). I figure if I deserve to pass the exam I should at most need a couple of those right to pass, guessing a single answer should give you.

#26




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This is exactly what I did. As mentioned earlier, I got pretty lucky in that the 6 questions I didn't know at all, I had a very uneven distribution, so I am sure I got at least 2 right. I'll be pleased when I see my 6.
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#27




I usually flip an imaginary coin in my head, and when I get the first tails, I go with that answer (Geometric Distribution anyone?). For example, if I flip the coin in my head and it lands heads, I flip again. If it's then tails, I go with B. If I get 5 heads in a row, I just start over with A. So if I get my first heads on flip number 7, I go with B. However, it doesn't work as well when you keep getting heads. One time, the imaginary coin landed heads 23 times and cost me about 4 minutes of time. Also, it's frustrating when the imaginary coin lands on it's side, hate when that happens.
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#28




look for trap answers. there are times you can get the right answer just by knowing the final step. for example, if it asks for average payment per payment, as opposed to loss, and you can't figure out how to do it, its generally pretty easy to at least figure out the chance of survival. the majority of the time, you'll see two choices with one being another divided by survival.
imo, i think its a waste of time to look for the least used answer choice and pick that one. you're assuming you got your other answers correct and even if you did, i'd guess any choice is just as good as another. this smells a lot like putting a ton of money on black just because you see a string of reds on the roulette table... *edit* oh wow. epeddy's advice is incredible. its gotta be borderline cheating. its like when i ask the voices in my head what i should do. when it works, its 100% accurate. Last edited by GeneralTso; 11112010 at 03:47 AM.. 
#29




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