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SOA/CAS Exam C Sample Questions

1 SOCIETY OF ACTUARIES/CASUALTY ACTUARIAL SOCIETY EXAM C CONSTRUCTION AND EVALUATION OF ACTUARIAL MODELS EXAM C Sample Questions Copyright 2005 by the Society of Actuaries and the Casualty Actuarial Society Some of the Questions in this study note are taken from past SOA/CAS examinations. C-09-05 PRINTED IN 2 1. You are given: (i) Losses follow a loglogistic distribution with cumulative distribution function: Fxxxbgbgbg=+// 1 (ii) The Sample of losses is: 10 35 80 86 90 120 158 180 200 210 1500 Calculate the estimate of by percentile matching, using the 40th and 80th empirically smoothed percentile estimates.

EXAM C SAMPLE QUESTIONS ... Use the following information for questions 21 and 22. For a survival study with censored and truncated data, you are given: Time (t) Number at Risk at Time t Failures at Time t 1 30 5 2 27 9 3 32 6 4 25 5 5 20 4 16.

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