要踏入10月底秋季精算师考场朋友们，高顿网校的小编给你们祈福啦，请看SOA精算师考试真题Course5（1）
　　MORNINGSESSION
　　APPLICATIONOFBASICACTUARIAL
　　PRINCIPLES
　　SECTIONA-WRITTENANSWER
 
　　COURSE5:Fall2005-1-GOONTONEXTPAGE
　　MorningSession
　　**BEGINNINGOFEXAMINATION**
　　COURSE5
　　MORNINGSESSION
　　1.(4points)Describethereasonsanindividualorabusinesswouldpurchase:
　　(a)lifeinsurance
　　(b)propertyandcasualtyinsurance
　　2.(4points)Indevelopingmedicalclaimscostsforagrouphealthplan:
　　(a)Describethefactorstoconsiderinselectingtheappropriatedatasources.
　　(b)Listtheconsiderationsinassessingthequalityofdataobtainedfromoutside
　　sources.
　　(c)Describeconsiderationswhennormalizinghistoricaldata.
 
　　COURSE5:Fall2005-2-GOONTONEXTPAGE
　　MorningSession
　　3.(6points)Giventhefollowinginformation:
　　AnnualNormalRetirementBenefit:1.5%offinalearningstimesservicefromhire
　　EarlyRetirementEligibility:Age60
　　EarlyRetirementBenefit:RetirementBenefitaccruedtodate,reducedby
　　1/15foreachyearbeforeage65
　　NormalformofPayment:LifeAnnuity,payablemonthly
　　CostMethod:ProjectedUnitCredit
　　ActuarialAssumptions:
　　Interest6%
　　SalaryIncreases4%
　　Pre-retirementdeathandterminations:None
　　(12)
　　a????62:11.61
　　(12)
　　a????65:10.87
　　Participantdata
　　EmployeeBirthdateHiredate2004earnings
　　Brown1/1/19651/1/200034,000
　　Smith1/1/19401/1/199560,000
　　Inprioryears,theassumedretirementagewas65.EffectivewiththeJanuary1,2005
　　actuarialvaluation,theassumedretirementageischangedto62.
　　CalculatethechangeintheactuarialliabilityasofJanuary1,2005duetothechangein
　　theassumedretirementage.
　　Showallwork.
　　4.(4points)Describetheexpensephilosophiesusedinpricingindividuallifeinsurance.
 
　　COURSE5:Fall2005-3-GOONTONEXTPAGE
　　MorningSession
　　5.(6points)
　　(a)Explainwhymortalityexperiencevariesfromcompanytocompany.
　　(b)Describehowbreakingagroupoflivesintoriskclassesaffectsassumptionsother
　　thanmortality.
　　(c)Youaredividinganexistinggroupintotworiskclassificationsandaregiventhe
　　followinginformation:
　　BeforeRiskClassificationAfterRiskClassification
　　TotalGroupGroupAGroupB
　　MortalityratioWeightWeightWeight
　　50%25.025.00.0
　　100%42.536.56.0
　　150%37.50.037.5
　　175%26.00.026.0
　　Product:Two-yeartermlifeinsurancepolicy
　　Faceamount:100,000
　　(q(50):0.0035
　　q(51):0.0039
　　Interest:6%perannum
　　Expenseloading:0%
　　Calculatethesinglepremiumissuedtoa50yearoldfromGroupBbeforeand
　　afterriskclassification.
　　Showallwork.
 
　　COURSE5:Fall2005-4-GOONTONEXTPAGE
　　MorningSession
　　高顿网校之做人道理总结：生活不是局限于人类追求自己的实际目标所进行的日常行动，而是显示了人类参加到一种宇宙韵律中来，这种韵律以形形色色的方式证明其自身的存在。 —— 泰戈尔