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edu-2010-march-april-exam-p - Exam P Probability Exam P is...

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Exam P Probability Exam P is a three-hour multiple choice examination and is identical to CAS Exam 1. The examination is jointly sponsored and administered by the SOA, CAS, and the Canadian Institute of Actuaries (CIA). The examination is also jointly sponsored by the American Academy of Actuaries (AAA) and the Conference of Consulting Actuaries (CCA). Exam P is administered as a computer-based test. For additional details, Please refer to “Computer-Based Testing Rules and Procedures”. ( http://www.beanactuary.org/exams/cbt.cfm ) The purpose of the syllabus for this examination is to develop knowledge of the fundamental probability tools for quantitatively assessing risk. The application of these tools to problems encountered in actuarial science is emphasized. A thorough command of the supporting calculus is assumed. Additionally, a very basic knowledge of insurance and risk management is assumed. A table of values for the normal distribution is available below for candidates to download and will be included with the examination.
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