The probability of rolling two sixes in a row on a 6-sided die.
(1/6)*(1/6) = (1/36)
An analysis used to predict the value of a variable based on the value of another variable (only one y and x).
What is linear regression?
This Association focuses on life, health, pension and retirement.
SOA
The probability of picking a face card in a standard deck of cards (52; no jokers).
4*(3/52) = 12/52
A statistical technique that can be used to analyze the relationship between a single dependent variable and several independent variables.
What is multiple regression?
This Association has the following exam track: P, FM, MAS 1, MAS 2, Exams 5-9
CAS
How many different ways can you get a full house?
(13 C 1)*(4 C 3) + (12 C 1)*(4 C 2)
Allows the user to input a categorical variable into a regression.
What is a dummy variable?
Siena prepares you for how many exams?
2
Name me all Discrete (6) and Continuous Distributions (4)
Uniform, Hypergeometric, Binomial, Negative Binomial, Geometric, Poisson, Continuous Uniform, Exponential, Gamma, Normal
The proportion of total variation of outcomes explained by the model.
What is the coefficient of determination (r2)?
Which organization has been around longer?
CAS (1914)
SOA (1949)