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CAS 3 - specific material Please keep posts regarding material common to both exams in the upper forum

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  #71  
Old 05-07-2010, 07:09 PM
jesusislord jesusislord is offline
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Move away from statistics to what? They aren't testing that heavy on LC like MLC.
yea but stats used to be almost half the exam. at least 10 questions. there were only like 6 questions 2day?
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  #72  
Old 05-07-2010, 07:09 PM
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Move away from statistics to what? They aren't testing that heavy on LC like MLC.
From spring '05 to fall '07, there were 9 statistics questions on each exam across the board. In spring '08 there were 8. I believe fall '08 and spring '09 were the same. Last sitting had a marked drop-off in # of stat questions, and today I counted 6.
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  #73  
Old 05-07-2010, 07:14 PM
musemaniac musemaniac is offline
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Answered 23. Seemed like a very easy test compared to last sitting. There was one poisson question with a normal approximation and i didn't remember to use the continuity correction (i thought about this when i left). I wonder if that turns out to make a difference. i believe it was something like (508.5-430)/79. Im pretty sure I got about 18 correct. I hope this means pass.
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  #74  
Old 05-07-2010, 07:14 PM
jesusislord jesusislord is offline
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what did you guys get for the t-stat question? i got like 15.606 something? it asked for the 5% level, but it was 1-tail, so you had to get the 10% critical value and solve it that way. you also had to figure out was S^2 was, which was too bad.
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  #75  
Old 05-07-2010, 07:16 PM
jesusislord jesusislord is offline
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Answered 23. Seemed like a very easy test compared to last sitting. There was one poisson question with a normal approximation and i didn't remember to use the continuity correction (i thought about this when i left). I wonder if that turns out to make a difference. i believe it was something like (508.5-430)/79. Im pretty sure I got about 18 correct. I hope this means pass.
if you didnt used continuity the answer was still in the range. it asked for at least 508, so it was 1 - P(X<507.5). i got 1- I(.89).
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  #76  
Old 05-07-2010, 07:16 PM
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exactly what i got
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  #77  
Old 05-07-2010, 07:18 PM
aorl aorl is offline
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Originally Posted by musemaniac View Post
Answered 23. Seemed like a very easy test compared to last sitting. There was one poisson question with a normal approximation and i didn't remember to use the continuity correction (i thought about this when i left). I wonder if that turns out to make a difference. i believe it was something like (508.5-430)/79. Im pretty sure I got about 18 correct. I hope this means pass.
I tried it both with and without the cont. correction. Made no difference. You're good on that.
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  #78  
Old 05-07-2010, 07:21 PM
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I tried it both with and without the cont. correction. Made no difference. You're good on that.
Yep!
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  #79  
Old 05-07-2010, 07:22 PM
jesusislord jesusislord is offline
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the order stats question was str8 forward. i got .5 for the variance?
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  #80  
Old 05-07-2010, 07:22 PM
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anybody think the markov chain question with 24 out of 50 actuarial candidates becoming fellows in 4 years was kind of ridiculous? not that it was difficult; it just didn't seem realistic/was depressing to me.
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