>PS: Pardon my flippancy in response to a serious inquiry.  I'm not
>really planning to write the SOA exams, either.  I just don't understand
>why an association of supposedly numerate people would do such a
>damnfool thing as grade on a curve. Surely they realize that the
>candidates writing on two different dates are not random samples from
>the same population, and have some idea of the objective criteria that
>make somebody "actuariable"?
>.

Well, anyone could take the actuary exams so the exam takers may not be
"numerate."  Unlike federal government, SOA wants to screen out and keep only
those people at the very top.  Nothing wrong with that. 


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