UCLA Myths
Some students believe that rubbing the paw of this statue on campus will bring them good luck on exams.
The Bruin Bear!
When was UCLA founded?
1919!
What term describes the chance that an insured event will occur during a specific period?
Probability!
This legendary basketball player, known for his skyhook shot, is one of UCLA's most famous alumni.
Kareem Abdul-Jabbar!
What are the two main actuarial organizations in the United States, one focusing on life, health, and retirement benefits, while the other specializes in property and casualty insurance?
SOA - Society of Actuaries
CAS - Casualty Actuarial Society
According to UCLA myth, freshmen often Bruin-tize/ baptize themself in this structure, believing it will bring them good luck, but are warned not to do so again before graduation or risk adding an extra quarter to their academic career?
The inverted fountain!
USC 🤮
What type of insurance provides coverage for a specific period and pays out a death benefit if the insured passes away during that period?
Life Insurance!
This iconic actress, known for her roles in films like 'Some Like It Hot' and 'The Seven Year Itch,' captivated audiences with her beauty and talent. Who is she?
Marilyn Monroe!
What mathematical concept in actuarial science represents the average time that will elapse before a certain event occurs, such as the average time until a life insurance policyholder makes a claim?
Expected Value!
What is the full name of the individual behind the superstition associated with the sixth step of Janss Steps at UCLA, according to campus legend?
Edward Janss
How many Nobel Prizes have been awarded to UCLA faculty members and alumni across various categories including chemistry, physics, physiology or medicine, economics, and peace?
Seven!
In financial mathematics, what formula is commonly used to calculate the future value of an investment given the initial principal, interest rate, and time period?
Compound Interest!
Before rising to fame as a singer-songwriter and YouTuber, this UCLA alum gained popularity for his music covers and original songs on YouTube.
Conan Gray!
What type of health insurance plan requires individuals to pay a fixed amount for covered medical services, often with a co-payment for doctor visits and prescriptions?
Copay/Copayment!
Which building at UCLA was supposedly rotated 90 degrees using helicopters to mitigate the glare and reflection it was causing to drivers on the 405 parking lot?
Bunche Hall!
In its first term in 1929, the UCLA campus hosted approximately how many students?
5500 undergraduate students!
What term describes the maximum amount an insured individual is required to pay out-of-pocket for covered medical expenses in a given period, after which the insurer pays 100% of the remaining covered costs?
Deductible/Excess/Out-of-pocket maximum!
Who is the CEO of YouTube, known for her significant contributions to the tech industry and for being one of the most powerful women in Silicon Valley?
Susan Wojcicki
What type of retirement plan allows employees to make tax-deferred contributions from their salaries, with employers often matching a portion of these contributions?
401(k)!
According to myth, this famous UCLA building is haunted by the ghost of a former student.
Dykstra Hall!
In what year did UCLA become the first school to receive over 100,000 freshman applications?
2016!
Who is often regarded as the father of modern actuarial science for his development of the concept of mortality tables and life annuities in the 17th century?
Edmond Halley!
This legendary UCLA student served as the 38th Governor of California.
Arnold Schwarzenegger!
What term in actuarial science refers to the rate at which policyholders discontinue their insurance policies, often impacting the profitability and risk management of insurance companies?
Lapse Rate!