Actuarial Science Training - Core Technical - Probability (CT 3) and Exam P

Actuarial Sciences

This course is helpful for students aspiring to take Actuarial science exams from Institute of Actuaries of India (IAI) or Institute and Faculty of Actuaries (UK) and even from Society of Actuaries (US). Actuarial science uses mathematical and statistical methods to assess risk in insurance, finance and other industries and professions. Actuarial Analyst is one of the most sought after professions in the current job Market. CT3 - Probability is one of the important Actuary exams in the journey towards becoming an Actuary. The curriculum covers the different concepts of Probability.

Veiw CT 3 Probability/ExamP free videos

LEARNING OBJECTIVES

COURSE OUTLINE

To be an Actuary, a good Understanding of different concepts of Probability is a necessity.

Course curriculum - Probability

Tabulation and Graphical Methods Measures of Central Tendency Measures of Spread Symmetry and Skewness
Sets and Venn Diagrams Basic Probability Conditional Probability Discrete and Continuous Random Variables
Random Variables Random Variable Distributions Discrete Probability Distributions Discrete Distributions
Continuous Distributions Poisson Process and Random Numbers Analysis of Variance Regression
Generating Functions Joint Distributions Expectations and Convolutions of Joint Functions Conditional Expectation
Central Limit theorem Sampling and Statistical Inference Point Estimation Confidence Intervals
Hypothesis Testing Concepts Hypothesis Tests for Single Populations Hypothesis Tests for Comparisons of two populations Hypothesis Tests for Categorical Data

Faculty profile

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2. No derivations and proofs covered as part of training videos.