I am planning to take STAM in February and will not have as much time as I’d like for studying because of work. Therefore, I’m wondering if there’s any STAM veterans out there that can provide opinions on which topics they believe are rare and unlikely to show up on the exam. Additionally, if there’s any sections that are very complex and difficult that might be worth skipping in order to focus on other areas, please let me know!
So far, my list would include:
Aggregate Loss Models – recursive formula
Likelihood ratio algorithm and penalized loglikelihood tests
Graphical comparison hypothesis tests – D(x) and p-p plots
Thanks in advance for any advice provided!