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cp2
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Clarification on Marking
Hi all, Wanted to ask a quick question as I know for this exam most marks are going for the audit trail / summary. If we make an error with regards to the calculation of the model, when it comes to writing up the document which will have incorrect calculations, how will the marking be impacted? -
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"Other valid approaches are given appropriate credit"
For several CP2 exams it is difficult to know exactly which results or charts the examiner is after. Would marks likely be awarded for a reasonable interpretation of the requested result/chart or only if exactly matches what the Examiner intended? [Appreciate this question sadly applies to... -
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Introduction / Background Sections
Hi, I’ve noticed in quite a few different past papers that the introduction / purpose / objective / background section of both the Audit Trail and Summary go into differing levels of detail. My question is if there is any specific material that should be covered in the introduction I.e some...- Kyle Sawyers
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- cp2
- Replies: 2
- Forum: CP2
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Can Sept 24 candidates use all Excel functions (incl. those introduced post-2013)?
Hi, The Exam Handbook (incl. April 2024 version) says: "You cannot use functions only available in versions of Microsoft Office released after 2013. This is so that candidates using the 2013 version of Microsoft Office are not placed at a disadvantage. Information about this can be found... -
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CP2 Tutorial worthwhile & online vs in-person?
Hi, Plan to sit CP2 in next exam sitting but unsure whether: Q1 - Worthwhile devoting a day to a CP2 tutorial -what is covered and is it beneficial for actual exam performance? [The Study Guide's description is typically vague &unhelpful: "Our tutorials are specifically designed to develop the... -
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CA2 Paper 2 September 2015
To check the answers of the goal seek in scenario 4 and 5, the example summary explains the results of a mortality reduction of 51% and 9% are reasonable as: 1. 51% : "The magnitude is broadly as would be expected, since a 20% reduction factor resulted in an increase of 0.7 years to 8.5 years...- o.menary
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- ca2 cp2
- Replies: 2
- Forum: CP2
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Data Analysis
Do perfect data exist in this world? Can I use this word ("perfect") in exam? Anyone can provide any example?- Joi
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- cp2 data science
- Replies: 1
- Forum: General study / exams
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Reasonableness Check
Hi everyone. I am kind of loss in understanding what is reasonableness check - though I guess the data/result has to be sensible in some senses? I do not have any particular model in my mind now, but appreciate if someone can provide me with some examples of reasonableness checks based on any...- Ken
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- checks cp2 reasonableness check
- Replies: 4
- Forum: CP2
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Tutorials Vs online classroom
As everything is virtual, please can I have an opinion of people on the preference between online classroom and regular tutorials?- Ndayong
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- cp2 online classroom sp7 tutorials
- Replies: 3
- Forum: General study / exams
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IAI CP2 - Sept 2021
Hi guys, Is anyone appearing for CP2 from IAI this sept? Thanks! Regards, Sneha- snerap@gmail.com
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- 2021 exams cp2 iai
- Replies: 5
- Forum: CP2
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CP2 X-Series
Where can I find answers to X Series in the study material?- Kriti Gupta
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- cp2
- Replies: 4
- Forum: CP2
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CP2 - April 2021 - Study group
Hi everyone, I'm looking to form/join a group for CP2 exam marking where we can peer review each others scripts. I did this for other exams where there was a degree of subjectivity in the answers and found it very helpful to have different perspectives as well as keeping myself on schedule...- zubbo
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- cp2 study group
- Replies: 1
- Forum: CP2
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Paper 2 Project Summary
Hello, My question is regarding the Paper 2. I often see people say that in paper 1 you can get away with an incorrect model as long as the audit trail is correct (i.e. they only penalize once, then it's an error carried forward). Is the same true for the additional calculations in Paper 2? A...- ess_kay
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- cp2 paper 2
- Replies: 4
- Forum: CP2
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Should include numerical values in the audit trail for parameters?
Hi I read somewhere that for the audit trail you should NOT include question-specific details (particularly numerical values) for the parameters and results, as the model needs to be flexible for future use. But that there were 2 exceptions: - you need to highlight any issues relating to the...- vegan
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- audit trail cp2 modelling
- Replies: 1
- Forum: CP2
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October 2019 - Profit Chart
Hi, On paper 1 we are asked to produce a chart to illustrate the variability of potential outcomes. In the solutions, this is done by typing out all the possible ranks (1 to 100) and then using the MATCH function to look up the simulation number of that rank. However, my formulae returns #NA...- Claire123
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- audit trail cp2 october 2019 paper 1 solutions
- Replies: 2
- Forum: CP2
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CP 2 Exam Format IAI
Hi Members, I will be appearing for the IAI CP 2 Exam in the upcoming November 2019 diet and have the following queries: For Paper A the audit trail needs to be written in MS Excel. Is that correct? For Paper B the summary document needs to be written in MS word (the indicative solutions for...- Kathan Jain
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- cp2 iai
- Replies: 0
- Forum: India
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Data Analysis Toolpack
Hi David, Would we ever use the features in the data analysis toolpack in CP2? I guess for frequency tables, histograms, regression models etc. Also, would we ever use a pivot table? Thanks :)- JoeKing
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- cp2
- Replies: 2
- Forum: CP2
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Sep 2015 P1 sample solution
Hi Can someone pleeease put my mind at ease and confirm there was an error in the Excel solution for this paper? In particular, the data validation of the random numbers... the check should be that there are no numbers greater than 1, correct? I'm seeing that the entry in cell B9 on the 'Data...- pyuille_1609
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- cp2 past papers sample solution
- Replies: 2
- Forum: CP2
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More flexible times for online exams?
Hi It has been on my mind for quite some time, and I don't know if anyone has requested this before, but for the online exams (like CA2 - now CP2 and CA3 - now CP3) - can there be some concession for international students? I have to re-take CP2 this April sitting... and it's at 4:00am! Simply...- pyuille_1609
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- cp2 cp3 exam time flexibility international students online online exams
- Replies: 6
- Forum: General study / exams
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Wording in Nov 2015 P2 question and summary
Hi All, Was looking over the sample solution for the summary report for this past paper on rebalancing of portfolios. I note that the question instructed us to model the following: Option C: Each year, invest $1,000 and rebalance the portfolio at the end of each year, where the split each year...- pyuille_1609
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- cp2 past papers wording
- Replies: 1
- Forum: CP2
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CP2 Assignment X3
Hey, I was just checking my Assignemnt X solutions and realised there were no solutions for Assignment X3. Where can we find them?- Sade Carrington
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- cp2
- Replies: 1
- Forum: CP2