ACTEX P Study Manual - 2016 Edition - Learn Today - Lead Tomorrow

Sep 27, 2026

Uploaded by lilac

ACTEX SOA Exam P Study Manual (2016 Edition) provides structured actuarial exam preparation materials, including digital access via StudyPlus+. The manual supports learning through flashcards, a formula sheet, eLearning skill tools, and sample supplemental textbooks. It includes a detailed study outline spanning algebra and calculus review, foundational and advanced probability topics, combinatorial principles, random variables and distributions, expectation and distribution parameters, and discrete and continuous distribution chapters, with associated problem sets and solutions.

LanguageEnglish

CategoryExam

FormatPDF

Pages40

Reading Time1 h 41 min

AccessFree to download

INTRODUCTORY COMMENTS

SECTION 0-REVIEW OF ALGEBRA AND CALCULUS

Set Theory

Graphing an Inequality in Two Dimensions

Properties of Functions

Limits and Continuity

Differentiation

Integration

Geometric and Arithmetic Progressions

Problem Set 0 and Solutions

SECTION 1-BASIC PROBABILITY CONCEPTS

Probability Spaces and Events

De Morgan's Laws

Probability

Problem Set 1 and Solutions

SECTION 2-CONDITIONAL PROBABILITY AND INDEPENDENCE

Definition of Conditional Probability

Bayes' Rule, Bayes' Theorem and the Law of Total Probability

Independent Events

Problem Set 2 and Solutions

SECTION 3-COMBINATORIAL PRINCIPLES

Permutations and Combinations

Problem Set 3 and Solutions

SECTION 4-RANDOM VARIABLES AND PROBABILITY DISTRIBUTIONS

Discrete Random Variable

Continuous Random Variable

Mixed Distribution

Cumulative Distribution Function

Independent Random Variables

Problem Set 4 and Solutions

SECTION 5-EXPECTATION AND OTHER DISTRIBUTION PARAMETERS

Expected Value

Moments of a Random Variable

Variance and Standard Deviation

Moment Generating Function

Percentiles, Median and Mode

Chebyshev's Inequality

Problem Set 5 and Solutions

SECTION 6-FREQUENTLY USED DISCRETE DISTRIBUTIONS

Discrete Uniform Distribution

Binomial Distribution

Poisson Distribution

Geometric Distribution

Negative Binomial Distribution

Hypergeometric Distribution

Multinomial Distribution

Summary of Discrete Distributions

Problem Set 6 and Solutions

SECTION 7-FREQUENTLY USED CONTINUOUS DISTRIBUTIONS

Continuous Uniform Distribution

Normal Distribution

Approximating a Distribution Using a Normal Distribution

Exponential Distribution

Gamma Distribution

Summary of Continuous Distributions

Problem Set 7 and Solutions

SECTION 8-JOINT, MARGINAL, AND CONDITIONAL DISTRIBUTIONS

Definition of Joint Distribution

ACTEX SOA Exam P Study Manual With StudyPlus+ StudyPlus+ gives you digital access* to: • Flashcards & Formula Sheet • Actuarial Exam & Career Strategy Guides • Technical Skill eLearning Tools • Samples of Supplemental Textbooks • And more! *See inside for keycode access and login instructions 2016 Edition | Samuel A. Broverman, Ph.D ., ASA ACTEX Learning | Learn Today. Lead Tomorrow. ACTEX SOA Exam P Study Manual 2016 Edition | Samuel A. Broverman, Ph.D ., ASA ACTEX Learning New Hartford, Connecticut ACTEX Learning Learn Today. Lead Tomorrow. Actuarial & Financial Risk Resource Materials Since 1972 Copyright © 2017 SRBooks, Inc. ISBN: 978-1-63588-088-5 Printed in the United States of America. No portion of this ACTEX Study Manual may be reproduced or transmitted in any part or by any means without the permission of the publisher. | | | | | --- | --- | --- | | | Your opinion is important to us | | | | ACTEX is eager to provide you with helpful study material to assist you in gaining the necessary knowledge to become a successful actuary. In turn we would like your help in evaluating our manuals so we can help you meet that end. We invite you to provide us with a critique of this manual by sending this form to us at
your convenience. We appreciate your time and value your input. | | Publication: ACTEX P Study Manual, 2016 Edition I found Actex by: (Check one) A Professor School/Internship Program Employer In preparing for my exam I found this manual: (Check one) Very Good Good Satisfactory Friend Facebook/Twitter Unsatisfactory I found the following helpful: I found the following problems: (Please be specific as to area, i.e., section, specific item, and/or page number.) To improve this manual I would: Name: Address: Phone: E-mail: (Please provide this information in case clarification is needed.) Send to: Stephen Camilli ACTEX Learning P.O. Box 715 New Hartford, CT 06057 Or visit our website [at www.ActexMadRiver.com](at www.ActexMadRiver.com) to complete the survey on-line. Click on the “Send Us Feedback” link to access the online version. You can also e-mail your comments to [Support@ActexMadRiver.com](Support@ActexMadRiver.com). ACTEX Exam Prep Online Courses! Your Path To Exam Success Full time students are eligible for a 50% discount on ACTEX Exam Preparation courses. Learn from the experts and feel confident on exam day • Comprehensive instructor support, video lectures, and suggested exercises/solutions, supplemental resources • Responsive, student-focused instructors with engaging style and helpful support make preparing for your exam efficient and enjoyable • Weekly timed practice tests with video solutions • Live discussion forums and real-time chat sessions • Emphasizes problem-solving techniques • Comparable to a one-semester, undergraduate-level course • Students will have one-on-one support from the instructor(s) from the start date of the course, through the indicated exam sitting. Student Testimonials “I took the P exam today and passed! The course has been extremely effective and I wanted to thank you for all your help!” “The video lectures were extremely helpful as were the office hours, but the problems and solutions for the book were the most helpful aspects.” “The instructor was very knowledgeable about all subjects covered. He was also quick to respond which led to less time waiting for an answer before moving forward.” “Rich Owens was a great instructor. He was very knowledgeable, helpful, available, and any other positive adjective you could think of.” Visit www.ActexMadRiver.com for specific course information and required materials. NOT FOR PRINT: ADD KEYCODE TEMPLATE PAGE HERE NOT FOR PRINT: ADD KEYCODE TEMPLATE PAGE HERE iii TABLE OF CONTENTS INTRODUCTORY COMMENTS SECTION 0-REVIEW OF ALGEBRA AND CALCULUS Set Theory 1 Graphing an Inequality

FAQs

What digital learning resources are provided with StudyPlus+?

StudyPlus+ provides digital access to flashcards and a formula sheet, actuarial exam and career strategy guides, technical skill eLearning tools, and samples of supplemental textbooks.

Which topics are covered in the manual’s probability foundations section?

Section 1 covers probability spaces and events, De Morgan's laws, and probability, followed by a corresponding problem set and solutions.

How does the manual structure preparation across the probability syllabus?

It organizes study into sequential sections: algebra and calculus review, basic probability, conditional probability and independence, combinatorial principles, random variables and distributions, expectation and distribution parameters, and both discrete and continuous distribution chapters, each paired with problem sets and solutions.

Sep 27, 2026

Uploaded by lilac