ASM Study Manual for SOA Exam C 13th Edition

This manual offers comprehensive coverage of the syllabus for SOA Exam C and CAS Exam 4. In its 58 lessons, the following topics are reviewed:Parametric distributionsRisk measuresCoverage modifications, including deductibles, claims limits, coinsurance, and inflationDiscrete distributionsCompound modelsAggregate deductiblesEmpirical estimators, including ogives, product-limit and Nelson-AalenKernel smoothingParametric estimation, including method of moments, percentile matching, and maximum likelihoodHypothesis testingLimited fluctuation credibilityBayesian credibilityBuhlmann credibilityEmpirical Bayes methodsSimulation using the inversion methodBootstrap approximationThe manual has about 1400 pages, about 250 examples, 72 in-lesson exercises, and about 1300 end-of-lesson exercises, including both original and old exam questions, many of them taken from pre-2000 exams, which are not easily available, all with worked out solutions. In addition to these exercises, there are ten full-length (35-question) practice exams. An appendix has a cross reference to help you track down lessons corresponding to published 2000 and later exam questions, and there is an index. Many students have found this manual adequate by itself for exam preparation, but the Klugman textbook for the exam, as well as the other text options where available, are referenced in each lesson if you wish to use them.