Soa pa - Study guides, Class notes & Summaries

Bernoulli Trial - An experiment in which there are exactly two possible outcomes Binomial distribution - A random variable X represents the number of successes observed from the n Bernoulli trials Binomial Parameters - n = number of trials p = probability of success q = 1-p Binomial probability function (f(x)) - E[X] binomial function - E[x] = np var(x) binomial function - var(x) = npq MGF binomial function - Additive property of binomial function - Sum of independent binomially dist...

Define forward Selection - answer-which involves starting with no variables in the model, testing the addition of each variable using a chosen model fit criterion, adding the variable (if any) whose inclusion gives the most statistically significant improvement of the fit, and repeating this process until none improves the model to a statistically significant extent. Define Gini - answer-[Impurity Measure] A measure of how often a randomly chosen element from the [segment] would be incorrect...

PA questions and answers latest top score. Random nSampling n- n ncorrect nanswer. n n nall nmembers nof nthe npopulation nhave nan nequal nchance nof nbeing nselected Stratified nSampling n- n ncorrect nanswer. n n nA ntype nof nprobability nsampling nin nwhich nthe npopulation nis ndivided ninto ngroups nwith na ncommon nattribute nand na nrandom nsample nis nchosen nwithin neach ngroup Systematic nSampling n- n ncorrect nanswer. n n nObservations nare ndrawn naccording nto na n...

Wellcare ACT Mastery Exam 2023/2024 with Complete Solutions Centene requires all contracted brokers/agents to read, understand, and agree to Centene's Business Ethics and Code of Conduct Policy. True False True Which of the following actions are you required to do when contacted regarding an allegation of noncompliant activity? a. Speak with the investigator as quickly as possible. b. Answer all questions honestly and completely. c. Offer information and documents important to the inve...

By selecting the correct provider during the enrollment process, you can: -  ANSWER All of the above A grievance request, or any evidence concerning a grievance, must be fi led orally or in writing no later than _____ calendar days from the date of the event or the date the member is made aware of the issue. –  ANSWER 60 The Single Sign-On Portal provides access to several applications, including Centene Workbench. –  ANSWER True Failure to inform a beneficiary that a t...

SOA PA Exam 2022 with all the correct answers

By selecting the correct provider during the enrollment process, you can: -  ANSWER All of the above A grievance request, or any evidence concerning a grievance, must be fi led orally or in writing no later than _____ calendar days from the date of the event or the date the member is made aware of the issue. –  ANSWER 60 The Single Sign-On Portal provides access to several applications, including Centene Workbench. –  ANSWER True Failure to inform a beneficiary that a t...

Three main categories of predictive modeling problems - Answer- 1. Descriptive - Focuses on what happened in the past and aims to "describe" or explain the observed trends by identifying the relationships between different variables 2. Predictive - Focuses on what will happen in the future and is concerned with making accurate predictions 3. Prescriptive - Uses a combination of optimization and simulation to investigate and quantify the impact of different prescribed actions in different sce...

During an appointment, you may not discuss any products not agreed to in advance by the beneficiary. a. True b. False True When a paper SOA form is used, it must be completed __________ hosting the sales presentation. a. Prior to b. During c. After A. Prior to Brokers/Agents can submit a support ticket online through their Centene Workbench portal. Select one: True False True Wellcare does not need to be informed of all marketing/sales events at which plans or mat...