Intro to Actuarial Probability

Catalog description

This course is the first part of a two-semester sequence that will prepare the student to take Exam P of the Society of Actuaries. This course includes counting principles, permutations, combinations, basic probability concepts, sample spaces and events, conditional probabilities, Bayes’s Theorem, mutually-exclusive and independent events, discrete and continuous univariate random variable distributions (including binomial, negative binomial, geometric, hypergeometric, Poisson, uniform, exponential, gamma, normal, lognormal, and beta) and their applications.