View Full Version : help! topics on exam M
November 2nd 2006, 12:30 AM
can someone tell me if for exam M we need to know the following terms?
adjustment coefficient. surplus, ruin. transient states, absorbing states.
Thx a lot!!
November 2nd 2006, 08:35 AM
No - the latter 4 are on CAS Exam 3 (which was given on October 31).
I don't recall "adjustment coefficient" at all ... which should tell you how important it is even on CAS 3.
November 2nd 2006, 11:28 PM
Thank you, Irish Blues.
November 3rd 2006, 05:05 PM
I also worry about the ruin model, which is mentioned in SOA Sample #38 and #39. I don't know how much I should know about it.
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