| Calculate |
Ascertain or reckon mathematically. |
| Construct |
Produce what has been asked for, with appropriate structure. (e.g. “Construct a table showing…”.) |
| Demonstrate |
Prove with certainty or exhibit by practical means. |
| Derive |
Develop a result from the first principles (or from the given starting point). |
| Describe |
Express, fully and clearly, the details/facts of. (e.g. “Describe the risks arising” under a specific given scenario.) |
| Determine |
Find the solution by argument or calculation, making clear your reasoning. (e.g. “Determine the type of event that has occurred, based on the data provided”.) |
| ٰڳ |
Produce a document in the specified format (e.g. report, letter, etc.)
(Note: “Draft” applies to assessments for CP3 only.)
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| Draw |
Produce a representation of a diagram, graph, chart, etc. (e.g. “Draw a scatterplot”.) |
| Explain |
Make clear the meaning, purpose, details of, or the justification for. |
| Express |
Write down the result in the specified terms. |
| Fit |
Choose and implement a model or distribution that determines a relationship between observed values in a population and the expected values from the model or distribution. (e.g. “Fit a generalised linear model to the data.”) |
| Give |
Write down what has been asked for, without elaboration. (e.g. “Give an example of…”.) |
| Label |
Attach a name to unidentified terms …on a graph, chart, diagram, table. (e.g. “Label the curves which correspond to each of the given scenarios”.) |
| List |
Make a list of. (e.g. “List the assumptions/rating factors that would be required to price this product”.) |
| Outline |
Describe briefly without elaboration or explanation. |
| Perform |
Undertake the specified test or task. |
| Plot |
Illustrate the given information or data using a chart or graph. (Note: “Plot” implies that more accuracy is required than “Sketch”.) |
| Prepare |
Make or get ready for use. (Note: “Prepare a Report” is restricted to CP2 and CP3.) |
| Prove |
Demonstrate the truth of what is indicated, through mathematical argument. |
| Sample |
To take a sample from a distribution. (Note: “Sample” applies to only problem-based assessments for CS1, CS2, CM1, and CM2.)
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| Show |
1. Demonstrate that the given result is correct.
2. Display the output of a specific part of a computer package item. (Note: This second definition applies to only problem-based assessments for CS1, CS2, CM1, and CM2.)
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| Simplify |
Give an equivalent, but simpler, version of a mathematical expression. |
| Simulate/Generate |
Produce the values or models that have been asked for.
(e.g. "Simulate 20,000 values from the stated distribution.")
(e.g. "Generate 1,000 random values from a distribution".)
(Note: "Simulate" applies to only problem-based assessments for CS1, CS2, CM1, and CM2.)
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| Sketch |
Produce a rough graph, chart, or diagram of. |
| Solve |
Find a mathematical answer to. |
| State |
Express the details/facts of…. without elaboration. (e.g. “State whether the investor should take a long or short position on the option in this situation”.) |
| Test |
Check or examine something. (e.g. “Test the hypothesis that…”) |
| Update |
Amend by adding new information or making corrections. (e.g. “Update the plot, overlaying the density function.”) (Note: “Update” applies to only problem-based assessments for CS1, CS2, CM1, and CM2.)
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| Verify |
Demonstrate to be true. |