Probability: The Science of Uncertainty with Applications to Investments, Insurance, and Engineering

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Probability: The Science of Uncertainty with Applications to Investments, Insurance, and Engineering
by Michael A. Bean
from Brooks Cole

Customer Reviews:

• Avg. Customer Rating: 4.0 / 5.0

• Good for self-study
  I used this textbook as my main study material for the SOA/CAS P/1 exam. I found it to be well-written and understandable. I have some background in calculus and probability (long-forgotten college courses). I'm hanging on to it for future reference. It's actually possible to learn the material from the book all on your own. All in all, one of the better textbooks out there.

• I use this book almost every day
  I appreciate that many people will be buying this because it has been endorsed by the Society of Actuaries. My review is for those who aren't being compelled to use the book in exam prep. I find "The Science of Uncertainty" to be the most consistently useful of the statistics texts in my office. The examples are clear, it has the right equations, and it's well organized.
  Some people here are complaining of inaccuracies but they provide no examples and, frankly, I've never noticed a problem.
  I like... more info

• Excellent for SOA exam P
  I used this book to study for SOA exam P and loved it! If you already have some background in statistics and probability, this is the book to go. It will fill in the blanks left by your average school textbook and give you the nesessary coverage of the exam material.

• A hard book to digest
  As a statistics graduate, I found it hard to understand this book. There are not many friendly examples to help the readers to understand the concepts, even with the help of solution manual. There are some mistakes too.

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