Actuarial Outpost
 
Go Back   Actuarial Outpost > Exams - Please Limit Discussion to Exam-Related Topics > SoA > Modules 6-8
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions

DW Simpson International Actuarial Jobs
Canada  Asia  Australia  Bermuda  Latin America  Europe


Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 03-12-2020, 01:50 PM
ReturnStudent ReturnStudent is offline
Member
SOA
 
Join Date: Dec 2015
Location: Chicago
Studying for PA
College: UNL Alumni
Posts: 223
Default FA Task 2 cost per employed person

has anyone finds the "cost per employed person" (per goalseek) in the model very high? For my version, it is as high as CTE(95) and I believe it's wrong to suggest anything less than that "cost per employed person because the fund will be negative.
Reply With Quote
  #2  
Old 03-12-2020, 02:16 PM
SweepingRocks SweepingRocks is offline
Member
SOA
 
Join Date: Jun 2017
College: Bentley University (Class of 2019ish)
Posts: 293
Default

Are you talking about the number in the tab where the model is kept? I believe that is just spitting out the cost for that simulation. That number isn’t reliable.
__________________
FM P MFE STAM LTAM FAP PA
Former Disney World Cast Member, currently no idea what I'm doing

"I think you should refrain from quoting yourself. It sounds pompous." - SweepingRocks
Reply With Quote
  #3  
Old 03-12-2020, 02:48 PM
rse41 rse41 is offline
Member
Non-Actuary
 
Join Date: Jul 2012
Location: NJ
Studying for PA
Posts: 291
Default

Quote:
Originally Posted by ReturnStudent View Post
has anyone finds the "cost per employed person" (per goalseek) in the model very high? For my version, it is as high as CTE(95) and I believe it's wrong to suggest anything less than that "cost per employed person because the fund will be negative.
If you're using the goal-seek function in this workbook, then I think you are doing something wrong. The model tab shows you a single scenario whereas each asset mix is based off of 1,000 scenarios. 'Run Asset Mix Scenarios' essentially does 1,000 goal-seeks per asset mix.
__________________
P FM MFE MLC STAM PA
VEEs
1 2 3 4 IA 5 6 7 FA
Reply With Quote
  #4  
Old 03-12-2020, 06:41 PM
ReturnStudent ReturnStudent is offline
Member
SOA
 
Join Date: Dec 2015
Location: Chicago
Studying for PA
College: UNL Alumni
Posts: 223
Default

Yes, that's what I referred to. Essentially that number has no use in the project?
Thank you!
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 07:17 PM.


Powered by vBulletin®
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.31602 seconds with 11 queries