Probability for Actuaries: Introduction to Discrete Distributions

edX MOOC / Non-credit USD 219
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Probability for Actuaries: Introduction to Discrete Distributions

About this course

This actuarial science course covers introductory probability theory that can be applied to risk management. Topics covered include an introductory examination of descriptive statistics of data sets, the interpretation of histograms, and the development and application of discrete probability models commonly used to model business risk. This course is intended to familiarize learners with the material covered on Exam P from the Society of Actuaries, also known as exam 1 for the Casualty Actuarial Society.

What you'll learn

  • understanding descriptive statistics
  • interpreting histograms
  • developing discrete probability models
  • applying probability theory to risk management

Course objectives

  • familiarize with Exam P content
  • apply probability models to business risk assessment

Skills you'll gain

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