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


Probability: The Science of Uncertainty with Applications to Investments, Insurance, and Engineering
By Michael A. Bean


* Publisher: Brooks Cole
* Number Of Pages: 464
* Publication Date: 2000-12-20
* ISBN-10 / ASIN: 0534366031
* ISBN-13 / EAN: 9780534366032
* Binding: Hardcover



Book Description:

Bean's PROBABILITY: THE SCIENCE OF UNCERTAINTY WITH APPLICATIONS TO INVESTMENTS, INSURANCE, AND ENGINEERING is an 'applied' book that will be of interest to instructors teaching probability in mathematics departments of operations research, statistics, actuarial science, management science, and decision science. Comprehensive, easy to read and comprehend, and current, the book uses investment, insurance, and engineering applications throughout as a unifying theme.



Summary: Good for self-study
Rating: 5

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.


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