Probability and Statistics with Applications: A Problem Solving Text is an introductory textbook designed to make the subject accessible to college freshmen and sophomores concurrent with their study of calculus. It is organized specifically to meet the needs of students who are preparing for the Society of Actuaries and Casualty Actuarial Society qualifying examination P/1. Sample actuarial exam problems are integrated throughout the text along with an abundance of illustrative examples and 799 exercises. Additionally, the chapters on mathematical statistics cover all of the learning objectives for the statistics portion of the Casualty Actuarial Society Exam 3L syllabus. Here again, liberal use is made of past exam problems from CAS Exams 3 and 3L. The book provides the content to serve as the primary text for a standard two-semester advanced undergraduate course in mathematical probability and statistics.
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3 of 3 people found the following review helpful:
5.0 out of 5 stars
Probability and Statistics with Applications: A Problem Solving Text (ACTEX Academic Series),
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This review is from: Probability and Statistics with Applications: A Problem Solving Text (ACTEX Academic Series) (Hardcover)
Amazingly good book - the best one for CAS SOA P/1 exam prep.
There are enough exerise material for practice.
2 of 2 people found the following review helpful:
5.0 out of 5 stars
Great Supplementary Text,
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This review is from: Probability and Statistics with Applications: A Problem Solving Text (ACTEX Academic Series) (Hardcover)
I'm a first year applied statistics graduate student and this book was a great supplement to my assigned text, Wackerly's "Mathematical Statistics with Applications". The Wackerly text is good (for example, I prefer their section on geometric and negative binomial distributions over this text's), but it doesn't provide many examples. This book offers at least 3 full examples per section that you can work through, and then plenty of practice problems (I would also recommend getting the solutions manual which is excellent as well). I'm also studing for exam P and this book is probably the best text for that. What it lacks in theory, it more than makes up fo in scope. In other words this book is like combining a standard math stat textbook and one of the exam P study guides. Would definitely recommend this to anyone studying for exam P or who needs a supplement to their thorough, but sometimes too lofty math stat textbook.
4 of 6 people found the following review helpful:
5.0 out of 5 stars
Great book with a lot of examples.,
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This review is from: Probability and Statistics with Applications: A Problem Solving Text (ACTEX Academic Series) (Hardcover)
The book is very well written. I find it often leads me to a conclusion or formula based on my own reasoning, rather than shoving the formula into my face and then proving it. The examples are the real show stealer though, and often clarify just how one would use a formula in real (though a more interesting) life.
I recommend for anyone looking for an introductory book to probability.
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