Actuarial Outpost Popular Answer Key Question
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#1
11-09-2002, 03:25 PM
 crawlinghomedrunk Join Date: Nov 2002 Location: Kitchener, Ontario Posts: 3

I was looking at the popular answer key, and it appears that there are ~8 questions in which there is no "popular" answer. I doubt that all 8 could have been faulty, so what other possibilities are there for that many discrepancies? I imagine the Dupont question is one of the 8 (as most people probably just took a random guess at that one), but it just baffles me that there could be so many questions in which no more than 35-40% of the people's answers agreed. Any thoughts?
#2
11-09-2002, 09:01 PM
 Avi Wiki ContributorSite Supporter Site Supporter CAS AAA Join Date: Aug 2002 Location: NY Studying for the rest of my life. College: Alumnus - Queens College - CUNY Favorite beer: Stone Ruination IPA Posts: 12,501 Blog Entries: 3

Quote:
 Originally Posted by crawlinghomedrunk I was looking at the popular answer key, and it appears that there are ~8 questions in which there is no "popular" answer. I doubt that all 8 could have been faulty, so what other possibilities are there for that many discrepancies? I imagine the Dupont question is one of the 8 (as most people probably just took a random guess at that one), but it just baffles me that there could be so many questions in which no more than 35-40% of the people's answers agreed. Any thoughts?
I would guess that these problems fall into three groups. Some are the ones like the bond problem or the Utility Function one, where IMHO there was a nasty trick (the coupon or the fact that U = <sup>1</sup>/<sub>2</sub>X + Y), some are the CS/PS, where the question was very ambiguous, and some where like Dupont or warrant where it was marginally treated in the syllabus, and most of us sacrificed minutia in favor of mastering the questions that would obviously be there (like increasing arithmetic and geometric annuities, IS/LM, amortization, etc.)
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All scientists defer only to physicists
Physicists defer only to mathematicians
Mathematicians defer only to G-d!

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#3
11-13-2002, 10:05 AM
 actuwait Member SOA AAA Join Date: May 2002 Posts: 280

Where can I find the popular key for course 2? Any help will be appreciated.
#4
11-13-2002, 10:52 AM
 Avi Wiki ContributorSite Supporter Site Supporter CAS AAA Join Date: Aug 2002 Location: NY Studying for the rest of my life. College: Alumnus - Queens College - CUNY Favorite beer: Stone Ruination IPA Posts: 12,501 Blog Entries: 3

http://www.boatingwithtr.com/paul/Exams
__________________
All scientists defer only to physicists
Physicists defer only to mathematicians
Mathematicians defer only to G-d!

--with apologies to Dr. Leon Lederman
#5
11-15-2002, 12:39 AM
 Sodii Member Join Date: Nov 2002 Posts: 95

I am curious how everyone's answers compare with the popular answer key? 43 of my answers corresponded with the majority on the key, I am wondering if this is a good sign or if the key is too random to be meaningful?
#6
11-15-2002, 09:22 AM
 Avi Wiki ContributorSite Supporter Site Supporter CAS AAA Join Date: Aug 2002 Location: NY Studying for the rest of my life. College: Alumnus - Queens College - CUNY Favorite beer: Stone Ruination IPA Posts: 12,501 Blog Entries: 3

From what I've been told, the key has been historically 95% accurate, so if you matched 43, I think you passed
__________________
All scientists defer only to physicists
Physicists defer only to mathematicians
Mathematicians defer only to G-d!

--with apologies to Dr. Leon Lederman
#7
11-15-2002, 10:02 AM
 Sodii Member Join Date: Nov 2002 Posts: 95

Avi, from what the posts I have read on this site it seems you got a majority of the difficult questions correct how did your answers compare with the answer key?
#8
11-24-2002, 08:18 PM
 Kavex Member Join Date: Sep 2002 Location: Los Angeles. CA Posts: 31
pardon my ignorance..

But how do the people who entered their results into the "Popular Key"

I am a . forgive me.

I never knew such a Key existed, until now.
It makes me a bit apprehensive to see one, lol.
#9
11-24-2002, 08:28 PM
 Pillow Member Join Date: Jan 2002 Location: Ducky's Pond in Oregon Studying for NOTHING! I gave up. Favorite beer: Bud Light - wimpy, I know. Posts: 3,904

People save their answers in their calculator and bring them out.
#10
11-24-2002, 08:52 PM
 Kavex Member Join Date: Sep 2002 Location: Los Angeles. CA Posts: 31

Quote:
 Originally Posted by Pillow People save their answers in their calculator and bring them out.
aww thats some chicanery going on there.. :P

But I guess if the testtakers have that much time, then
my hats off to them.

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