The ACTEX Exam P/1 Study Manual has been written precisely and carefully to cover all of the SOA & CAS learning objectives for this exam. It is time-tested and is the market leader in Exam P/1 study guides for self-study students, as well as for students enrolled in college and university courses. Purchasers of this manual will gain a thorough understanding of all topics covered on this exam syllabus. The manual contains 10 modules with comprehensive review notes, and examples and problem sets at the end of each module, all with detailed solutions. Many of these questions come from prior actuarial exams. It also includes a summary review of the prerequisite algebra and calculus material. Following the modules are 8 original practice exams with detailed solutions providing students with ample opportunity for the necessary drill on important concepts and formulas critical for exam success. There are over 500 problems included in this manual. The 10 modules cover: Probability and Combinatorics Discrete and Continuous Random Variables and Distributions Expectation and Parameters Transformations Risk Management Concepts
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