Exam 3 Statistics and Actuarial Models
Statistics and Actuarial Models
-
- 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%
| # | SITTING_ID | EXAM_ID | DATE_PASSED | NUM_WROTE | EFF_NUM_WROTE | NUM_PASSED | PASS_RATE | EFF_PASS_RATE | PASS_MARK | DATE_ADDED | CUMULATIVE_AVERAGE | DISPLAY_DATE |
| 2 | 38 | 1 | 10/1/2007 12:00:00 AM | 369 | 327 | 227 | 61.5 | 69.4 | 53.1 | 5/10/2014 12:00:00 AM | 47.9 | Oct-2007 |
| 1 | 6 | 1 | 5/1/2007 12:00:00 AM | 357 | 285 | 121 | 33.9 | 42.5 | 53.9 | 5/10/2014 12:00:00 AM | 33.9 | May-2007 |
Distribution of Travel Times to Designations
There are no people who passed this exam that also received the ACAS or FCAS designations.
| METRIC | ACAS | FCAS |
| Number of People | 151 | 122 |
| 5th percentile | 2.51 | 3.50 |
| 25th percentile | 3.00 | 4.08 |
| Median | 3.50 | 5.09 |
| Average | 4.31 | 5.44 |
| 75th percentile | 5.58 | 6.58 |
| 95th percentile | 8.08 | 9.06 |
Exam to Exam Analysis
This table shows what other exams people have passed given that they passed exam 3. A breakdown of the time between exams is also shown.
Sitting date:
% of People Who
Passed Other Exams
Average Years
Between Exams
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 11 duplicate names, 133 changed names, and 4 duplicate and changed names.