ISBN(s): 978-1-62542-837-0 | 978-1-62542-472-3 | 978-1-62542-837-0 | 978-1-63588-299-5
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Overview
This textbook is a reference and suggested reading for the SOA Exam P syllabus.
Probability and Statistics with Applications is an introductory textbook designed to make the subject accessible to college freshmen and sophomores concurrent with Calc II and III, with a prerequisite of just one semester of calculus.
It is organized specifically to meet the needs of students who are preparing for the Society of Actuaries qualifying Examination P and Casualty Actuarial Society's Exam MAS-I.
The book provides the content to serve as the primary text for a standard two-semester advanced undergraduate course in mathematical probability and statistics.
Highlights and Details
- Sample actuarial exam problems are integrated throughout the text along with an abundance of illustrative examples and 870 exercises
- Abundance of examples and sample exam problems for both Exams SOA P and CAS MAS-I
- Expansion of statistics portion to cover much of the statistics portion of CAS MAS-I
- Combines best attributes of a solid text and an actuarial exam study manual in one volume
- Widely used by college freshmen and sophomores to pass SOA Exam P early in their college careers
- May be used concurrently with calculus courses
- New or rewritten sections cover topics such as discrete and continuous mixture distributions, non-homogeneous Poisson processes, conjugate pairs in Bayesian estimation, statistical sufficiency, non-parametric statistics, and other topics
- A separate solutions manual for the text exercises is also available
About the Authors
Leonard A. Asimow, Ph.D., ASA
Len joined Robert Morris University in the fall of 2001 as Professor of Mathematics and Actuarial Science, and was the founding Director for the Actuarial Science Program at RMU. The RMU program was designated a Center of Actuarial Excellence in 2010. He has been involved in college-level mathematical instruction, research and administration for more than 50 years, having taught at a variety of institutions including UC Berkeley, UCLA and the University of Wyoming. He has been dedicated to actuarial education since 1988. Dr. Asimow received his bachelor’s degree from UCLA and his doctorate in mathematics from the University of Washington. He previously directed the actuarial science program at Maryville University, St. Louis. Dr. Asimow received his designation as an Associate in the Society of Actuaries in 1990.
Mark M. Maxwell, Ph.D., ASA
Mark joined the faculty at the University of Texas - Austin in the summer of 2009 as Clinical Professor of Mathematics, Paul V. Montgomery fellow, and to direct the UT actuarial program. He served as program director of actuarial science and math department head while collaborating with Dr. Asimow at RMU. Maxwell obtained his undergraduate degree from the College of Idaho and his M.S. and Ph.D. in mathematics from Oregon State University. His teaching methods, publications, professional exam preparation seminars, and this text are designed to help students understand the mathematics and be able to apply their knowledge and techniques. Maxwell was selected for a College of Natural Science Teaching Excellence Award in the Spring of 2014.