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Hi, have u made any group yet? I am interested.
I am appearing for IAI exam in 2 wks time. So I am practicing UK papers , too. I did not find CS2A that difficult, only Q7 I could not do and some...
How to find stationary distribution of the given markov chain?
Also pls help with (iii) too.
When will the solutions for the exams held in Sep-Oct going to be posted?
I am again solving this problem after this long and I still have a doubt.
Since it's a markov chain, we are not bothered about the past wins or...
oh..OK. Thank You.
i don't know about CM2 but CS2 is also very time consuming...too many new concepts to grasp. So, better start right away. Best wishes...
Why are the values of c and d given as 5 and 7?
:) Thank you Kaustav.
How is the simplification done and where are those (n-k)!, n! and K! gone from the denominator?
Why is P(k=7) calculated that way?
Is balducci assumption still in syllabus of CS2?
Thank you..i understand now.
Is IAI exam also open book? Can we take our notes? Please confirm
How are the probabilities calculated in this case? Please help...
Solution given is:
[ATTACH] Is not the given solution for the exponential distribution? Question asks for Poisson distribution...someone...
Sum of each row of a generator matrix has to be 0. So we add all the other states' transition rates and subtract the same from state A so as to...
Thank you very much for a prompt and elaborate reply.
Can you please post a link to buy CS2 ASET?
How to prepare for CS2B IAI exam? The videos provided by the institute do not look sufficient when compared to the past questions papers. Any...
Anyone giving CS2 from IAI coming June? Pls msg me if there is anyone..
Anyone who attended CS2 last exam from IAI used PBOR material from Acted UK for CS2B? Was it helpful?
Thank you :)
Are calculating expected utility functions and premiums etc still there in the new syllabus? There are no practice questions given in the study...
thank you :)
What would be the answer for the above question?
I could not understand the solution given. Pls someone explain how to answer this question.
Pls help me solve this.
How to solve this? Solution has to be 5.
What is the formula for annuity payment in advance for a life aged x for term n at 0%?
Is it : (1 + ex) - lx+n/lx (1+ex+n)
ex - lx+n/lx...
In the given solution, how is reserve required at the end of the year calculated?
Pls clarify when to use Sx-1 Dx and Sx sDx.
here in sDx, s is superscript. i could not do the formatting :(
I have seen that with similar type...
Q. 12) An individual aged 25 takes a pension policy with a term of 30 years. The policy requires payment of annual premiums in advance for two...
i) Using Derive the expression for v(t) , the present value of 1 due at time t
Solution given is:
Shouldn't it be:
Ok..i did not realise it would be annuity-due. Thanks.
In solution, under the heading Incremental cashflows and NPV, 10 year annuity factor is given as 6.33. How is that calculated?
In solution, the annual cost of the new machine is calculated by
10 Crore/ 5.650223 = 1.77 Crore
Where does 5.650223 come from?
Thank you...i got it now :)
How do we calculate DMT of increasing annuity? For example
20 at 7%
Thank you. I had not considered it to be risk discount rate and indeed, my calculation was also incorrect.
d = 15%
d = i / (i+1)
hence, i = 13%
Am i incorrect?
Thank you...I get it now :)
In question, it is given that the discount rate is 15%, but in solution calculations are done taking i = 15%. Shouldn't it be i = 13%?
Deepak, can u pls write the question no., for both? I will cross check with my solutions...
S_n~logN(nu, n^2 SD^2) is used when i is constant annual rate of interest..interest rate is not independent. If i is independent, then we use...
I am not sure that is the reason...when u go to Part 4 Qs and As, there are problems which are similar to Q 15.10, but solved by standardizing..
There is Qs 15.12..
A lump sum of $14,000 will be invested at time 0 for 4 years at an annual rate of
interest i . The interest rate, once...
What is the difference between Q 15.10 and Q 15.12? Why do we have to calculate probability using standard normal distribution in Q 15.12 while we...
i am srijana from pune. i was just wondering if u r planning to appear for ct1 exam coming may..