Preview

Exam P Notes

Powerful Essays
Open Document
Open Document
35887 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Exam P Notes
Deeper Understanding, Faster Calculation
--Exam P Insights & Shortcuts
2nd Edition

by Yufeng Guo
For SOA Exam P/CAS Exam 1 in Fall, 2005
Exam Dates
September 26-28, Canada and U.S.
September 26 - all other countries

This manual was last updated June 5, 2005

This electronic book is intended for individual buyer use for the sole purpose of preparing for
Exam P. This book can NOT be resold to others or shared with others. No part of this publication may be reproduced for resale or multiple copy distribution without the express written permission of the author.

© 2005 By Yufeng Guo

Page 1 of 276

Fall 2005: P Insights & Shortcuts

© 2005 Yufeng Guo

Chapter 1 Exam-taking and study strategy .................................................... 3
Top Horse, Middle Horse, Weak Horse.......................................................................... 3
Truths about Exam P....................................................................................................... 4
Why good candidates fail................................................................................................ 7
Recommended study method.......................................................................................... 9
Chapter 2 Doing calculations 100% correct 100% of the time ............... 11
What calculators to use for Exam P.............................................................................. 11
Critical calculator tips ........................................................................................... 16
Comparison of 3 best calculators (summary): .............................................................. 23
Chapter 3 Find E ( X ),Var ( X ), E ( X | Y ),Var ( X | Y ) ........................................... 27
Chapter 4 Set, sample space, probability....................................................... 44
Chapter 5 Multiplication/addition rule, counting problems ................... 53
Chapter 6

You May Also Find These Documents Helpful

  • Good Essays

    tsa solution manual

    • 55080 Words
    • 1025 Pages

    Exercise 2.1 Suppose E(X) = 2, Var(X) = 9, E(Y) = 0, Var(Y) = 4, and Corr(X,Y) = 0.25.…

    • 55080 Words
    • 1025 Pages
    Good Essays
  • Satisfactory Essays

    study notes

    • 262 Words
    • 2 Pages

    Match the definition to the term. 1. suggested meaning of a word; differs from lexical meaning significs 2. examines the influence of words and their meanings on human behavior linguistic semantics 3. deals with the meanings of words as they occur in the language structure connotation 4.…

    • 262 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    2. Suppose E[X] = 1 and E[Y ] = 2 and suppose X and Y are independent. Evaluate: a) E[2X + 1] b) E[X + Y ] c) E[X − 2Y ] d) E[XY + 1] 3. Suppose V ar[X] = 2, V ar[Y ] = 1, Cov[X, Y ] = 0. Evaluate: a) V ar[X + 2Y ] b) V ar[X − Y ] c) Cov[2X − Y, X − 1]…

    • 400 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Chapter 6 Exam Notes

    • 378 Words
    • 2 Pages

    * Fiber spinning is the process used whereby a chemical solution isd converted into filament fiber.…

    • 378 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    P2 Paper

    • 2937 Words
    • 12 Pages

    This paper is divided into two sections: Section A – This ONE question is compulsory and MUST be attempted Section B – TWO questions ONLY to be attempted Do NOT open this paper until instructed by the supervisor. During reading and planning time only the question paper may be annotated. You must NOT write in your answer booklet until instructed by the supervisor. This question paper must not be removed from the examination hall.…

    • 2937 Words
    • 12 Pages
    Good Essays
  • Good Essays

    Study Notes

    • 1640 Words
    • 7 Pages

    | | |Class discussion to determine what aspects of human life enable one to make sense of the world. |…

    • 1640 Words
    • 7 Pages
    Good Essays
  • Good Essays

    propability theory

    • 5600 Words
    • 23 Pages

    (iii) Random variables whose moments are also random variables. Compute the probability density function of the random variable X that…

    • 5600 Words
    • 23 Pages
    Good Essays
  • Satisfactory Essays

    and transfer skills that make change stick. Founded in 1973, Bain has 48 offices in 31…

    • 13433 Words
    • 54 Pages
    Satisfactory Essays
  • Good Essays

    Controlled Report

    • 11173 Words
    • 327 Pages

    Controlled Companies in the Standard & Poor’s 1500: A Ten Year Performance and Risk Review October 2012 The analyses, opinions and perspectives herein are the sole responsibility of the authors.…

    • 11173 Words
    • 327 Pages
    Good Essays
  • Powerful Essays

    This attachment report is my original work and it has not been submitted in any other institution of higher learning for examination.…

    • 3320 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    This work has not previously been accepted in substance for any degree and is not being concurrently submitted in candidature for any degree.…

    • 6234 Words
    • 25 Pages
    Powerful Essays
  • Powerful Essays

    This paper is divided into two sections: Section A – BOTH questions are compulsory and MUST be attempted Section B – TWO questions ONLY to be attempted Formulae tables are on pages 9–13. Do NOT open this paper until instructed by the supervisor. During reading and planning time only the question paper may be annotated. You must NOT write in your answer booklet until instructed by the supervisor. This question paper must not be removed from the examination hall.…

    • 5180 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    2014 Exam Notes

    • 28785 Words
    • 131 Pages

    BLAW30002 TAXATION LAW 1 Elyssa Ho Semester 2, 2014 BLAW30002 EXAM NOTES 2014 Exam Structure 1. Question 1 – Residency a. 20 minutes 2. Question 2 – FBT Consequences + Calculate the FBT liability (if applicable) a. 48 minutes 3. Question 3 – Income Tax Consequences a. 51 minutes b. 4 parts i. 25 mins + 8 mins + 8 mins + 8 mins…

    • 28785 Words
    • 131 Pages
    Powerful Essays
  • Good Essays

    Study Notes

    • 495 Words
    • 2 Pages

    Someone said, "An unskilled worker in a wealthy country has a conflicted soul: globalization reduces his wage, but globalization also makes many manufacturing goods cheaper. So they like globalization, and they don't."…

    • 495 Words
    • 2 Pages
    Good Essays
  • Good Essays

    study notes

    • 1277 Words
    • 6 Pages

    Environmental Scanning- Environmental scanning refers to a process of collecting, scrutinizing and providing information for strategic purposes. It helps…

    • 1277 Words
    • 6 Pages
    Good Essays