Ask Life Con1


Dear Mr. Con:

What is the best future lifetime distribution?
I wanna know

Dear IWK:

The best lifetime distribution is, of course, the exponential distribution. Why? Because… Well, really, when I was born, our family astrologer  said my lifetime was exponentially distributed with mean 100. I am 100 now. So I can expect to live another 100 years. When I get to be 200 years old, I can expect to live another 100. And then I will forget how old I am. Just look around you. All these people are old!

Dear Mr. Con:

What Stat do you need to pass exams?
Curious George I

Dear CGI:

There are many Stats you don't need. For example you don't need a rheostat. You do need some Stat. If the weather is real bad you may need a thermostat.

Dear Mr. Con:

How about Calc? Do I need to know any Calc to become an Actuary?
Curious George I again

Dear CGIA:

Wash your keyboard with soap, young person. It is well known that Calc is useless except to those who go to Calcutta.
 
 
 
 



1 Life Con is the nom de plume of Life Con, A.B.B.A., Ph.B, F.D.A., F.I.B., Principal, Capone Foundation. Please send your questions to lifecon@actuarialexamprep.us or write to Life Con, 1600 Pennsylvania Avenue NW, Washington, DC 20500

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