Hi! I am wondering which manual to use for exam mfe. I was hoping to find a manual which comes at the subject matter with an easy to understand method. so i could learn the concepts well and then I...

Never mind I just had to read the whole chapter again and did every question over again. Now I finally understand this chapter 3 in DM. Very confusing chapter though. The strategies are intuitive...

Hi I have not logged in for a while, but I am confused about question in the Derivative Markets book. I dont understand a part of problem number 3.5 or When creating a payoff and profit diagram, I...

Hi, I just passed exam P. Now I want to get ready for FM. I want to know of the best manual to use for the exam. I would like a manual that has a real good review of the basic concepts of this...

my bad, quickfire you are correct, i just verified it in my actex manual. thanks for correcting me.

where do you get the tia sample exams from? I want to order them also, and how much does it cost?

The expected claim payment with deductible d and policy limit u
is
E(x-d) integrate from 3<x<8 + E(u) integrate from 8<x<inf

d=3 u=5 in this problem.

Just as a reminder, sometimes you may get...

Sorry, I didnt realize we could not discuss the questions after exams are over. It wont happen again.

Are we allowed to Discuss the nov exam p questions? I have some written down and I am dying to see if people can give me insight to solve some questions? Thank you.

Yep 9/15 or 3/5 was the right answer

I would like to share a similar problem I got on the exam. I got the right answer But i thought this was a little more difficult. I will post it because it is pretty interesting. The problem goes...

I would go about this problem by finding the complement and then subtract from 1.
1,4 1,5 1,6 2,5 2,6 3,6
4,1 5,1 6,1 5,2 6,2 6,3

p>2 = 12/36
1-p>2=p<=2
therefore we want 1 - 12/36
which is...

I had that question. I got that one right.

Hey I just remembered another question from the july exam. I had a problem
where there was an exponential distribution with mean 1000 and deductible 100. Find the cdf of the claim payment. Can...

I remember a problem of this nature on the exam but I thought the problem stated the Mgf X+Y (s,t) was 0.09e^(-2s) + 0.02e^(-s) + 0.03 + 0.02e^(t) + 0.09e^(2t). Or something like this instead but i...

Thank you ritz for your explaination on the table problem. As far as the Poisson problem I think Edt and Ritz have good correct interpretations. I am sorry I did not word the questions well but you...

I have one last question for tonight related to the july p exam which I had lots of trouble with. P (Accidents in the months may june july ) are poisson with mean 1.5, and the rest of the months...

I also had trouble with probably a simple question but still I can not figure out the answer, or atleast I dont know if it is right. Their was a question with 6 people sitting on a round table, two...

hi everyone, I was hoping people could help me with some question I had on the p exam. The first one is the stock price question related to mean and variance of two stocks.

the question went like...

I also had some problems with this concept earlier myself and I also wanted to add the fact that I believe that you have to complete the square so that you get a normal cdf related to the given mean...

Maybe you had to complete the square and add a number to both sides so that you would get the normal distribution required. I have a question in my manual that has a question like so P[X^2-2X<8] and...

So I too have a question just to make sure of myself. for the numbers to be correct then after we should have came up with (x-2)^2>0 ?