Actuarial Statistics I credit:

4 Hours

Examines elementary theory of probability, including independence, conditional probability, and Bayes' theorem; combinations and permutations; random variables, expectations, and probability distributions; joint and conditional distributions; functions of random variables; sampling; central limit theorem. Same as STAT 408 . 4 undergraduate hours. 4 graduate hours. Credit is not given toward graduation for: ASRM 401 and either MATH 461 or STAT 400 . Prerequisite: MATH 241 or equivalent.