[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-398913-105":59,"doc-detail-398913-en":131},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":124,"head_meta":126,"extra_data":128,"updated_unix":130},105,"en","ambrose-los-study-manual-for-exam-fam-practice-examinations","Ambrose Lo’s Study Manual for Exam FAM - Practice Examinations","","Four comprehensive practice examinations designed to assess mastery of the full Exam FAM syllabus and improve passing chances. Each exam contains 34 multiple-choice questions aligned to the ten topic weights, ordered by topic for identifying weak areas, with a random order in the real exam. The guide explains recommended timing, simulated exam conditions, time budgeting per question, and solution-based review for understanding errors and common distractor patterns.",{"@graph":69,"@context":123},[70,84,106],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":20,"@type":76,"position":81},"https://docshare.wps.com/document/exam/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/ambrose-los-study-manual-for-exam-fam-practice-examinations/398913/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/ambrose-los-study-manual-for-exam-fam-practice-examinations/398913.png","ImageObject",300,407,{"name":92,"@type":93},"iuabcfuw","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-11-07","2026-09-27",true,{"@type":102,"interactionType":103,"userInteractionCount":105},"InteractionCounter",{"@type":104},"ViewAction",25,{"@type":107,"mainEntity":108},"FAQPage",[109,115,119],{"name":110,"@type":111,"acceptedAnswer":112},"How many multiple-choice questions are in each practice exam?","Question",{"text":113,"@type":114},"Each practice exam has exactly 34 multiple-choice questions.","Answer",{"name":116,"@type":111,"acceptedAnswer":117},"How are questions in the practice exams organized compared with the real exam?",{"text":118,"@type":114},"Questions in these practice exams are sorted by the ten FAM topics (Question 1 on Topic 1 through Question 34 on Topic 10), while the real exam questions appear in random order.",{"name":120,"@type":111,"acceptedAnswer":121},"What is the recommended approach for doing each practice exam?",{"text":122,"@type":114},"Work on them only after completing the core manual, allocate exactly 3.5 hours per exam in a distraction-free simulated environment, and budget time so you typically do not spend more than 10 minutes on a single question.","https://schema.org",{"og:url":83,"og:type":125,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":127,"canonical":83},"index,follow",{"doc_id":129,"site_id":62},398913,1791137397,{"code":4,"msg":5,"data":132},{"doc_id":129,"user_id":133,"nickname":92,"user_avatar":134,"doc_module":4,"category_id":19,"category_name":20,"doc_title":65,"doc_description":67,"doc_content":135,"file_id":136,"file_url":137,"file_type":138,"file_size":139,"view_count":105,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":140,"language":141,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":142,"faqs":143,"seo_title":144,"seo_description":67,"update_tm":145,"read_time":146,"preview_page_count":4},3985747874027,"https://ap-avatar.wpscdn.com/davatar_9964176cb1d06d4a9deccf72a44ae3dc","Part III  \nPractice Examinations  \nPrelude  \nNow that you have learned all the syllabus material in Exam FAM, here are four (4) comprehensive practice exams designed to assess your understanding of the whole exam syllabus and boost your chance of passing the real exam.  \nWhat are these practice exams like?  \nThese practice exams have the following characteristics:  \n• Each exam has exactly 34 multiple-choice questions distributed in line with the weights of the ten topics in Exam FAM according to the following table:  \n\n| Weight\u003Cbr>Topic range |  |  | Approximate no. of questions |\n| --- | --- | --- | --- |\n| FAM-S Part |  |  |  |\n| 1. | Short-Term Insurance and Reinsurance Coverages | 5-10% | 2-3 |\n| 2. | Severity, Frequency, and Aggregate Models | 12.5-17.5% | 4-6 |\n| 3. | Parametric Estimation | 2.5-7.5% | 1-3 |\n| 4. | Introduction to Credibility | 2.5-5% | 1-2 |\n| 5. | Pricing and Reserving for Short-Term Insurance Coverages | 10-15% | 3-5 |\n| 6. | Option Pricing Fundamentals | 2.5-7.5% | 1-3 |\n|  | Total |  | 17 |\n| FAM-L Part |  |  |  |\n| 7. | Long-Term Insurance Coverages and Retirement Financial Security Programs | 2.5-5% | 1-2 |\n| 8. | Mortality Models | 10-15% | 3-5 |\n| 9. | Present Value Random Variables for Long-Term Insurance Coverages | 12.5-20% | 4-7 |\n| 10. | Premium and Policy Value Calculation for Long-Term Insurance Coverages | 15-22.5% | 5-8 |\n|  | Total |  | 17 |\n\n• For your convenience, the questions in these practice exams are sorted 􀀛 according to the ten FAM exam topics. That is, Question 1 is set on Topic 1 and Question 34 on Topic 10 . This way, you can easily see which topics are your weak spots and identify additional practice questions for those topics. Questions in the real exam will appear in a random order.  \nCopyright © 2024 Ambrose Lo Ambrose Lo’s Study Manual for Exam FAM (2nd Edition)  \n• They strike a good balance 8 between standard questions testing topics regularly featured in past exams and harder questions testing more unfamiliar topics that were rarely tested in the past, but may play a more important role in Exam FAM nowadays. The amount of calculations required by most questions should be reasonable—not too tedious, not trivial.  \n• The four exams have more or less the same level of difficulty, so you need not work them out in order. You can start with Practice Exam 4 if you like.  \nHow to use these practice exams?  \nTo make the most of these practice exams, here are my recommendations:  \n• Attempt them when and only when you have completed the core of this study manual. Working on the practice exams when you are not fully ready defeats their purpose.  \n• Set aside exactly 3 .5 hours and work on each exam in a simulated exam environment detached from distractions. Put away your notes and phone—no Facebook 􀂇, Instagram Ñ, Twitter 􀂋 , or Snapchat ` . You can only have the FAM tables, the Prometric standard normal calculator, scratch papers, and your calculator y with you, as if this was a real exam.  \n• Budget your time wisely. Â Don’t spend a disproportionate amount of time (say, more than 10 minutes) on a single question, no matter how difficult it seems, and don’t be afraid to skip questions. For a 210-minute exam with 34 questions, you should spend about 6 minutes on each question.  \n• When you are done, check your answers with the detailed illustrative solutions I provide. If you miss a question, it is important to understand the cause. Is it due to a lack of familiarity with the syllabus material, carelessness, or just bad luck? In quite a number of questions, the wrong answers are distractors that correspond to common mistakes that students make. (The SOA may do the same! 􀂛) Even if you get a question right, it is beneficial to look at my solutions, which may be shorter or neater than yours, and may include some problem-solving remarks.  \n. A NOTE OF ENCOURAGEMENT .  \nDon’t feel too frustrated if you find the practice exams hard. The experiences of students who took FAM recentl","cbCaihCX0L8oIBjY","https://ap.wps.com/l/cbCaihCX0L8oIBjY","pdf",711860,34,"English","# Prelude\n## What are these practice exams like?\n## How to use these practice exams?\n# Practice Exam 1","[{\"question\":\"How many multiple-choice questions are in each practice exam?\",\"answer\":\"Each practice exam has exactly 34 multiple-choice questions.\"},{\"question\":\"How are questions in the practice exams organized compared with the real exam?\",\"answer\":\"Questions in these practice exams are sorted by the ten FAM topics (Question 1 on Topic 1 through Question 34 on Topic 10), while the real exam questions appear in random order.\"},{\"question\":\"What is the recommended approach for doing each practice exam?\",\"answer\":\"Work on them only after completing the core manual, allocate exactly 3.5 hours per exam in a distraction-free simulated environment, and budget time so you typically do not spend more than 10 minutes on a single question.\"}]","Ambrose Lo’s Study Manual for Exam FAM - Practice Examinations | PDF",1790490020,86]