Soa exam p - Study guides, Class notes & Summaries

FEDVTE ENTERPRISE CYBERSECURITY OPERATIONS EXAM REVIEW QUESTIONS AND ANSWERS, RATED A+ The internal audit department is investigating a possible accounting breach. One of the auditors is sent to interview the following employees: Employee A works in the accounts receivable office and is in charge of entering data into the finance system; Employee B works in the accounts payable office and is in charge of approving purchase orders; Employee C is the manager of the finance department, su...

EXAM PA ACTEX CHEAT SHEET (SOA EXAM PA 2024) QUESTIONS WITH ALREADY GRADED A+ SOLUTIONS!!

SOA Exam PA Exam Review

Three main categories of predictive modeling problems - Answer- 1. Descriptive - Focuses on what happened in the past and aims to "describe" or explain the observed trends by identifying the relationships between different variables 2. Predictive - Focuses on what will happen in the future and is concerned with making accurate predictions 3. Prescriptive - Uses a combination of optimization and simulation to investigate and quantify the impact of different prescribed actions in different sce...

SOA Exam FM Practice Questions and Answers 2024

SOA Exam P: Probability | Questions and answers | Latest | GRADED A+

PA questions and answers latest top score. Random nSampling n- n ncorrect nanswer. n n nall nmembers nof nthe npopulation nhave nan nequal nchance nof nbeing nselected Stratified nSampling n- n ncorrect nanswer. n n nA ntype nof nprobability nsampling nin nwhich nthe npopulation nis ndivided ninto ngroups nwith na ncommon nattribute nand na nrandom nsample nis nchosen nwithin neach ngroup Systematic nSampling n- n ncorrect nanswer. n n nObservations nare ndrawn naccording nto na n...

SOA Exam P questions and answers 100% verified. Bernoulli hTrial h- h hcorrect hanswer. h h hAn hexperiment hin hwhich hthere hare hexactly htwo hpossible houtcomes Binomial hdistribution h- h hcorrect hanswer. h h hA hrandom hvariable hX hrepresents hthe hnumber hof hsuccesses hobserved hfrom hthe hn hBernoulli htrials Binomial hParameters h- h hcorrect hanswer. h h hn h= hnumber hof htrials p h= hprobability hof hsuccess q h= h1-p Binomial hprobability hfunction h(f(x)) h...

Explain the difference between descriptive, predictive, and prescriptive modeling - Answer- Descriptive - focuses on what happened in the past and aims to describe the observed trends by identifying relationships between variables. Predictive - What will happen in the future and making accurate predictions. Prescriptive - Combo of optimization and simulation to investigate the impact of prescribed actions in different scenarios. Explain the difference between supervised and unsupervised le...