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Thread: The Actuary's Free Study Guide for Exam 3L

  1. #1
    Actuary.com - Level IV Poster
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    Post The Actuary's Free Study Guide for Exam 3L

    Greetings.

    I have initiated a free online study guide for CAS Exam 3L, which I myself plan to take in October. The purpose of this study guide is to give students a large number of introductory and intermediate-level problems for each concept so that, through practice, the concepts become firmly embedded in students' memories, thereby enabling them to tackle the more advanced problems.

    All sections of the study guide will be listed on this page as they are created: http://rationalargumentator.com/actu...udy-guide.html

    The first section is now available. It discusses some basic life table probability functions and gives five practice problems and solutions.

    I would advise you to work out the problems individually and then compare your work to the given solutions.

    I am also the author of The Actuary’s Free Study Guide for Exam 3F/Exam MFE: http://rationalargumentator.com/actu...uaryguide.html

    Questions and discussion are welcome. Continual immersion in practice problems has helped me get a 10 on Exam P, a 9 on Exam FM, and an 8 on the Spring 2008 Exam MFE. I am actually proudest of the 8 I received on MFE, considering that the Spring 2008 sitting was unprecedentedly difficult. Certainly, writing and working through my MFE study guide was indispensable to my success on said exam. I believe that my method can assist other actuarial students as well, at least insofar as it supplements and amplifies their existing preparation.

    Sincerely,
    G. Stolyarov II

    -----------------------------------------------

    IMPORTANT: As of April 27, 2010, the index of this study guide has moved to http://rationalargumentator.com/actu...udy-guide.html

    The old URL of the index is no longer functional (which was a decision made without my consent). However, the new URL is entirely under my control and will remain the same indefinitely into the future.

    Sincerely,
    G. Stolyarov II
    Last edited by G. Stolyarov II; April 28th 2010 at 12:16 AM. Reason: Changed URL of study guide index.

  2. #2
    Actuary.com - Level IV Poster
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    Post Section 2 of Free Study Guide for Exam 3L

    Greetings.

    Section 2 of The Actuary’s Free Study Guide for Exam 3L is now available at http://www.'''''''''''''''''.com/art..._practice.html

    It contains five practice problems and solutions on another basic life table probability function.

    This is the index of all sections of the study guide to date:
    http://progressofliberty.today.com/3l-study-guide/

    This study guide’s approach of beginning with somewhat easy and gentle problems is deliberate. The purpose of these problems is to get students to internalize all the notation, definitions, and basic formulas. When the time comes to do the harder problems, it is essential to have a firm grasp of the basics so that one can devote one’s full attention to the more complicated aspects of the problem at hand.

    Sincerely,
    G. Stolyarov II

  3. #3
    Actuary.com - Level IV Poster
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    Section 3 of Free Study Guide for Exam 3L

    Greetings.

    Section 3 of The Actuary’s Free Study Guide for Exam 3L is now available at http://www.'''''''''''''''''.com/art..._problems.html

    It contains five practice problems and solutions on the concept of curate-future-lifetime.

    This is the index of all sections of the study guide to date:
    http://progressofliberty.today.com/3l-study-guide/

    Sincerely,
    G. Stolyarov II

  4. #4
    Actuary.com - Level IV Poster
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    Post Section 4 of Free Study Guide for Exam 3L

    Greetings.

    Section 4 of The Actuary’s Free Study Guide for Exam 3L is now available at http://www.'''''''''''''''''.com/art..._problems.html

    It contains five practice problems and solutions on the concept of the force of mortality.

    This is the index of all sections of the study guide to date:
    http://progressofliberty.today.com/3l-study-guide/

    Sincerely,
    G. Stolyarov II

  5. #5
    Actuary.com - Level IV Poster
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    Post Section 5 of Free Study Guide for Exam 3L

    Greetings.

    Section 5 of The Actuary’s Free Study Guide for Exam 3L is now available at http://www.'''''''''''''''''.com/art...functions.html

    It contains five practice problems and solutions on identities involving life table functions and the force of mortality.

    This is the index of all sections of the study guide to date:
    http://progressofliberty.today.com/3l-study-guide/

    Sincerely,
    G. Stolyarov II

  6. #6
    Actuary.com - Level IV Poster
    Join Date
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    Post Section 6 of Free Study Guide for Exam 3L

    Greetings.

    Section 6 of The Actuary’s Free Study Guide for Exam 3L is now available at http://www.'''''''''''''''''.com/art..._practice.html

    It contains five practice problems and solutions involving the life table probability functions l_x and d_x.

    This is the index of all sections of the study guide to date:
    http://progressofliberty.today.com/3l-study-guide/

    Sincerely,
    G. Stolyarov II

  7. #7
    Actuary.com - Level IV Poster
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    Post New Section 6 and Section 7 of Free Study Guide for Exam 3L

    Greetings.

    Some glitch on Associated Content made Section 6 of The Actuary’s Free Study Guide for Exam 3L temporarily unavailable. I published it on a new page to correct this:
    http://www.'''''''''''''''''.com/art..._practice.html

    Section 7 has also been made available here:
    http://www.'''''''''''''''''.com/art..._practice.html

    It addresses the relationship between the force of mortality and the life table probability function l_x.

    Please let me know if you have trouble accessing any of these pages in the future.

    This is the index of all sections of the study guide to date:
    http://progressofliberty.today.com/3l-study-guide/

    Sincerely,
    G. Stolyarov II

  8. #8
    Actuary.com - Level IV Poster
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    Post Section 8 of Free Study Guide for Exam 3L

    Greetings.

    Section 8 of The Actuary’s Free Study Guide for Exam 3L is now available at http://www.'''''''''''''''''.com/art..._practice.html

    It contains five practice problems and solutions on deterministic survivorship groups.

    This is the index of all sections of the study guide to date:
    http://progressofliberty.today.com/3l-study-guide/

    Sincerely,
    G. Stolyarov II

  9. #9
    Actuary.com - Level IV Poster
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    Post Section 9 of Free Study Guide for Exam 3L

    Greetings.

    Section 9 of The Actuary’s Free Study Guide for Exam 3L is now available at http://www.'''''''''''''''''.com/art...ontinuous.html

    It contains five practice problems and solutions on computing expected values of continuous random variables.

    This is the index of all sections of the study guide to date:
    http://progressofliberty.today.com/3l-study-guide/

    Sincerely,
    G. Stolyarov II

  10. #10
    Actuary.com - Level IV Poster
    Join Date
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    Post Section 10 of Free Study Guide for Exam 3L

    Greetings.

    Section 10 of The Actuary’s Free Study Guide for Exam 3L is now available at http://www.'''''''''''''''''.com/art..._practice.html
    It contains five practice problems and solutions regarding the complete-expectation-of-life.

    This is the index of all sections of the study guide to date:
    http://progressofliberty.today.com/3l-study-guide/

    Sincerely,
    G. Stolyarov II

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