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Exam C is a three and a half hour multiple–choice examination and is identical to Casualty Actuarial Society (CAS) Exam 4. Exam C is offered via computer–based testing. (CBT) The syllabus provides an introduction to modeling and covers important actuarial methods that are useful in modeling. A thorough knowledge of calculus and probability is assumed. The candidate will be introduced to useful frequency and severity models beyond those covered in Exam M. The candidate will be required to understand the steps involved in the modeling process and how to carry out these steps in solving business problems. The candidate should be able to: