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

1MFESOA Preliminary Exam11 5500.0050.00120.24170.173366cc
2MLCSOA Preliminary Exam11 5600.0020.00111.87131.593366cc
3CSOA Preliminary Exam11 178-0.4220.001481.161581.063366cc
43CAS Preliminary Exam21 100.003390.0000.003390.00dc3912
53LCAS Preliminary Exam21 200.0000.0014.0014.00dc3912
65ACAS Preliminary Exam21 400.0000.0094.0794.07dc3912
75BCAS Preliminary Exam21 500.0000.00183.80183.80dc3912
86CAS Preliminary Exam21 600.0000.001692.051692.05dc3912
9AFESOA Fellowship Exam31 1500.0000.0024.0424.04ff9900
10FETESOA Fellowship Exam31 4000.0000.0014.5014.50ff9900
11CSP IUSOA Fellowship Exam31 2300.0000.0015.5115.51ff9900
12DP IUSOA Fellowship Exam31 2800.0000.0014.9214.92ff9900
137-CanadaCAS Fellowship Exam41 1000.0000.0032.3932.39109618
147-U.S.CAS Fellowship Exam41 111-0.4200.001002.361012.34109618
158 Pre-2010CAS Fellowship Exam41 7500.0000.00252.77252.77109618
169 Pre-2010CAS Fellowship Exam41 7600.0000.00712.72712.72109618

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.