Probability Theory: Key Concepts and Tools for SOA Exam P & CAS Exam 1 [Print Replica] Kindle Edition

In writing this book, Dr. Le Courtois has given all actuarial students--and, indeed, all aspiring actuaries--a remarkable gift. Included within the text are all the relevant Exam 1/P formulas; this saves the candidate from spending hours in making handwritten copies of important information. Be aware that this book is neither a "quick-fix" nor a substitute for the hours of studying that is required in preparation for the exam. Indeed, the text is most useful after one has gained a conceptual grasp of the syllabus material and is prepared to tackle problem sets and the SOA's sample questions.My favorite feature would have to be the appendix, which keys each of the SOA's sample questions (about 328 at the time this review was written) to formulas in the text. This is a much appreciated, non-invasive way of helping the candidate when they feel bogged down or utterly lost on the tougher problems.The only downside to this text is that it doesn't come in hardback, though I hope this will be remedied at some point. I'm eagerly awaiting the release of Dr. Le Courtois's future prelim exam aids.Bottom line: Whether you are studying for Exam 1/P or are already an actuary, YOU NEED THIS BOOK!

This book is a fantastic asset for anyone studying for SOA exam P. I passed the exam yesterday and this was the only resource I purchased. I’m very happy to have found it. It is a concise reference for all equations and concepts on the syllabus and is used in conjunction with the 330+ sample problems published by SOA. A table in the back calls out which equations to use for each problem so you can easily fill in the gaps in your own understanding as you come across them.

Only covers formulas without practice problems. Not good for learning but good for reviewing. The ACTEX study guide is a much better purchase.

This text is great at explaining concepts in a very concise fashion!

This little book is brief and to the point: formulas, short explanations, and (most helpfully) direct connections to released SOA questions. No effort is made to be your friend and help you out, its just a reference. Considerable mathematical maturity is assumed.On the one hand, I hardly used this reference before taking P. On the other, I've gone ahead and ordered the author's FM guide. You will need other resources if you plan to take Exam P, but having this guide on hand wont hurt.

This book is very reader-friendly compared to most statistic/probability manuals and i would definitely recommend for anyone trying to get more understanding of the world of probability, or, like me, are studying for Exam P. Very good, incorporates equations smoothly. I haven't gotten halfway through, yet am enjoying it and really appreciate the work the author has put into it.