Exam 3  

Statistics and Actuarial Models
  • Average
    Pass Rate
  • Sponsoring SocietyCAS
  • Dates ActiveMay 2007 - Oct 2007
  • Sittings to Date2
  • Attempts per Sitting363
  • Total Passes/Attempts348 / 726
  • Highest Pass Rate61.5% Oct-07
  • Lowest Pass Rate33.9% May-07
  • Effective Pass Rate56.9%
  • Std Dev of Pass Rate19.5%
238110/1/2007 12:00:00 AM36932722761.569.453.15/10/2014 12:00:00 AM47.9Oct-2007
1615/1/2007 12:00:00 AM35728512133.942.553.95/10/2014 12:00:00 AM33.9May-2007

Distribution of Travel Times to Designations

Number of People152121
5th percentile2.513.50
25th percentile3.004.08
75th percentile5.586.58
95th percentile8.088.58



Exam 3

Exam Sitting  all sittings

13CAS Preliminary Exam11 100.003390.0000.003390.003366cc
23LCAS Preliminary Exam11 200.0000.0014.0014.003366cc
35ACAS Preliminary Exam11 400.0000.0094.0794.073366cc
45BCAS Preliminary Exam11 500.0000.00183.80183.803366cc
56CAS Preliminary Exam11 600.0000.001692.051692.053366cc
6AFESOA Fellowship Exam21 1500.0000.0024.0424.04dc3912
7FETESOA Fellowship Exam21 4000.0000.0014.5014.50dc3912
8CSP IUSOA Fellowship Exam21 2300.0000.0015.5115.51dc3912
9DP IUSOA Fellowship Exam21 2800.0000.0014.9214.92dc3912
107-CanadaCAS Fellowship Exam31 1000.0000.0032.3932.39ff9900
117-U.S.CAS Fellowship Exam31 111-0.4200.001002.361012.34ff9900
128 Pre-2010CAS Fellowship Exam31 7500.0000.00252.77252.77ff9900
139 Pre-2010CAS Fellowship Exam31 7600.0000.00712.72712.72ff9900

Number of Years (Before)/After Passing Exam 3
click on bar to see breakdown

Note on the travel time information above:
The histograms and the above two charts (near) exclude duplicate names and include changed names. Excluding duplicate names is necessary since travel time information related to them is unreliable and nonsensical- for instance, passing exam P three years before receiving a designation.

Including changed names has an impact on the relative number of people who passed other exams vs. the given exam. Their inclusion will lower this ratio since changed names will not properly link between previous/future exam passes. However, including changed names will not affect the average travel times, since travel times of changed names are not necessarily different than those of unchanged names.

For exam 3 on all sittings, there were 9 duplicate names, 132 changed names, and 3 duplicate and changed names.