The ACTEX DVD exam-preparation seminar for Exam P/1 is a recorded version of an ACTEX exam-preparation seminar. The purpose of the seminar is to help exam candidates bridge the gap from their knowledge of probability to an understanding of the types of questions to be expected on the exam.
Recorded with Dolby digital sound, the recordings are dual layered, with each DVD containing twice as much information as our initial versions. All DVDs are packaged in one case for ease of transporting.
There are extensive interactive menus, allowing the student to easily and quickly move to any major topic or sample problem.
Please be aware that the content of this DVD is identical to the content of our ACTEX P/1 On Demand Webcast . The Webcast has a greater visual clarity than the DVD and greatly enhanced browsing functionality.
If you have access to a high speed internet connection, you may wish to consider purchasing the ACTEX P/1On Demand Webcast.
The advantage of purchasing this seminar on DVD versus purchasing our new ACTEX On Demand Webcast is that the DVD can be viewed on a computer, a DVD player or a portable DVD device. You do not need access to a high speed internet connection and you do not need to be online to view the DVD.
STUDENT COMMENTS from the live Exam P/1 Seminar
"Fantastic! This seminar helped me identify the topics I need to focus on in the next month".
"This seminar does a wonderful job of bridging the gap between coursework and the exam. The instructor is very enthusiastic and has a very in-depth understanding of the material".
"The professor has an excellent way of giving a very compact yet powerful review of the important Exam 1 topics. He is a great speaker who communicates the topics without being confusing or hard to follow. This seminar built my confidence for passing the exam".
Email Access to the Instructor
E-mail clarification on the DVD material is available with the purchase of this DVD. Please send your questions to: retail@actexmadriver.com . You will receive a thorough response to your technical questions in a timely fashion.
There are no returns on this product.
2 Discs - Run Time: 6 hours, 20 minutes.
Please note: It has come to our attention that illegally copied, very poor-quality ACTEX Seminar DVDs are being sold. Please be aware of this when making purchases of any used ACTEX DVDs.
Author: Matthew J. Hassett, Ph.D. Matthew J. Hassett is professor emeritus of mathematics at Arizona State University where he taught from 1966 to 1999. He worked in industry as a health actuary from 1999 to 2005. He has published papers in mathematical logic, mathematics education, finance and actuarial science.
Dr. Hassett has co-authored an introductory statistics textbook, the probability textbook Probability for Risk Management and the ACTEX study guides for exams FM, MLC and MFE of the Society of Actuaries. He also has consulting experience in mathematical analysis of mortgage-backed securities and their derivatives. Dr. Hassett was an Associate of the Society of Actuaries until 2008.
Table Of Contents:
Disc One
Introduction
Basic Rules
Conditional Probability
DeMorgan's Law
Independent Events
Bayes Theorem
Expected Value
Chebychev
Additional Properties of V(X)
Geometric Series Review
Discrete Distributions
Geometric Distribution
Binomial Distribution
Poisson Distribution
Hypergeometric Distribution
Negative Binomial Distribution
Continuous Distribution
Exponential Distribution
Normal Distribution
Central Limit Theorem
Percentiles of the Normal
Disc Two
Pure Premium
Policy Limit or Cap
Insurance with a Deductible
More Pure Premium
Density Function for y=g(X)
Max or Min on Independent Random Variables
Moment Generating Functions
Joint and Marginal Distributions
Joint Density
Continuous Marginal
Probability Calculations
Conditional Distributions
Counting Partitions
Multinomial Distributions
Expected Value of X+Y,XY
Covariance Properties
Double Expectations Theorem