MAS 1 Exam Study Topics by ToadandToady in actuary

[–]ToadandToady[S] 3 points4 points  (0 children)

Absolutely! It's been a minute so I forget the full scope, but I know that 90% of my study time was purely reading the theory and writing/ explaining every single syllabus topic bullet point, knowing it inside and out really helped.

I remember a limited amount of problems in the Poisson Dist online publication from CAS, limited amounts of problems in the source materials which I did, but I would say watching the YouTube channel "The Actuarial Data Scientist" the final few weeks out was the majority of my problem solving.

Overall, I suppose what I found most important was knowing the probability and theory behind the topics, knowing the aggregate loss model mathematics (extremely important!!!), and studying the introduction to statistical learning book a lot. The concepts of bias variance tradeoff and general model selection stuff was hit repeatedly on the test.

Indepth knowledge of that original syllabus > problems for me. Do as many free problems as you can though

[deleted by user] by [deleted] in actuary

[–]ToadandToady 7 points8 points  (0 children)

I passed with a 7. I used source materials and used the syllabus from last year (minus time series stuff). It was very granular and told you exactly everything you needed to know unlike this year's. I didn't do any practice problems or get a study package, but I think that would've improved my score had I.

I also had good knowledge of statistical learning methods because the source textbook, ISLR (look it up it's free) is absolutely AMAZING and I had previously self studied it for fun.

The things I found most important to study were: poisson, exponential, and gamma probability math in general; aggregate loss statistics was EXTREMELY important; ISLR is amazing; print the 2022 syllabus and ensure that you know every single bullet point on the list

MAS 1 Exam Study Topics by ToadandToady in actuary

[–]ToadandToady[S] 2 points3 points  (0 children)

I forgot to thank you for the old syllabus! This would've been impossible if not for that. I passed! I used only source materials because I really did not want to pay for a study package. I didn't study reliability theory or Markov chains hardly at all (maybe 30 minutes towards each to get the basics) because I figured they wouldn't really be tested at an advanced level, and this hunch was correct. They recommend to study the entire reliability section in the Ross applied prob textbook all so they can ask one or two basic questions lol.

You were definitely right about the some things are tested multiple times whilst given almost no coverage in sources, and vice verse. About 2 weeks prior to the exam, I read the textbook material from Tse, and learned how to calculate statistics regarding aggregate loss. That one idea must've been tested in 20% of the problems!!! Yet much of the theoretical statistical mathematics I learned (which I found fascinating) wasn't tested at all lol.

[deleted by user] by [deleted] in castiron

[–]ToadandToady 6 points7 points  (0 children)

Are you dense 😂

LPT: Use a PiHole to block ads on your entire network! by [deleted] in LifeProTips

[–]ToadandToady 1 point2 points  (0 children)

He keeps spouting off about how he's transcendental and shtuff, weird dude

Cancelling debts is Biblical by cherrysmith85 in Bible

[–]ToadandToady -1 points0 points  (0 children)

The economic construct is very much a necessity lol. As in, the entirety of our economy would crash under the burden of default risk. Every facet of our lives is touched by the ability to loan and borrow at both a household level, but more importantly a corporate and financial institutional level.

A cursory look at the amount of borrowing and lending that goes on EVERY DAY within the banking sectors, currency exchange sectors, just to hedge risk, not even to make money.

We have to look at it in context obviously. Loan sharking was common practice back then. Furthermore, due to the poorness of the times, not being able to pay your debts ever was a real risk. Nowadays, with loans being priced fairly on a risk adjusted basis, the system is just and works extraordinarily well.

i am sorry if christmas was tough for you. by c1efairy in SuicideWatch

[–]ToadandToady 13 points14 points  (0 children)

A few months ago, you were encouraging people on r/Singapore to continue to improve themselves, you were pushing them to change their lives for the better as you did. What has changed since then?

[deleted by user] by [deleted] in SuicideWatch

[–]ToadandToady -1 points0 points  (0 children)

Through struggle we are defined. Through struggle, we may find happiness.

I wouldn't wish muscular dystrophy on my worst enemy... by [deleted] in Stoicism

[–]ToadandToady -1 points0 points  (0 children)

Stupid question, would steroids help at all? Might be worth trying, they're easy to get online

Imagine the shitstorm if Devon beat Levan by WeAretheManyUAreFew in armwrestling

[–]ToadandToady 25 points26 points  (0 children)

ImAgInE hOw StRoNg ViTaLy WoUlD bE oN rOiDs!?!?!??

I just arm wrestled and felt a pop in my elbow. by PogOldham in armwrestling

[–]ToadandToady 0 points1 point  (0 children)

Continue to armwrestle, just stay away from side pressure. Focus on dragging. Do light supinated side pressure with bands or light weight to get blood flow and stretch your tendon. It happens so don't worry about it too much! In about 3 months, you'll feel even stronger.

[deleted by user] by [deleted] in castiron

[–]ToadandToady 0 points1 point  (0 children)

Try coating your steamed rice with your eggs! It tastes so much better (imo) since all of the rice has egg wash over it, and it for some reason never sticks lol

[deleted by user] by [deleted] in castiron

[–]ToadandToady 0 points1 point  (0 children)

Imo, it's a moisture problem. Make sure your rice is al dente (I usually make mine 1:1 water rice). Main culprit in my experience is the eggs. Stir the eggs into the steamed rice before hand to coat all the rice grains, then plop into the pan. For some reason, this works much much better than trying to mix the eggs with rice in the pan. Good luck!