MATH 442 Probability II

Bivariate and multivariate probability distributions, functions of random variables, order statistics, risk and insurance, and foundations of an actuarial career. This course, when combined with Math 441, provides general coverage of all topics on SOA Exam P/CAS Exam 1.

An important component of the field of mathematics is the ability to handle uncertainty.  Very little in life is certain, and having a methodical and objective approach to such situations allows solutions to problems that would otherwise go unsolved.  Probability is the subject specifically targeted to handling uncertainty.  This course explores both multi variable probability and functions of random variables, as well as further exploration of probability’s importance to the field of statistics.  It is the second in a two course sequence that helps prepare interested students to take SOA/CAS Exam P/1.

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After reading the Course Syllabus and Student Expectations, the student will complete the related checklist found in the Course Overview.

The student will complete 4 open-book/open-notes exams throughout the course in WebAssign. Exams are based on the Learn material and homework assignments. Exams are timed and are expected to be completed in one sitting (CLO: A, B, C, D).

NOTE: The student must submit written work for all exam questions. Any exams submitted without written work will not be accepted.

Written work means that the student records the work needed to answer each exam question on paper. The student should number the work for each question as he/she works through the exam so that his/her instructor can easily tell what work goes with each question. After the student submits the exam, he/she will either scan or take cell phone photos of the written work and then upload them through the submission link for the Module in question in the Course Content area of Canvas.