Organisation : Institute of Actuaries of India
Announcement : Syllabus
Entrance Test : ACET Actuarial Common Entrance Test
Download Syllabus :
http://www.syllabus.gen.in/uploads/86-ACET-Syllabus1_FAC.pdf
http://www.syllabus.gen.in/uploads/86-ACET-Syllabus2_Stats%20Pack.pdf
Home Page : https://actuariesindia.org/
Actuarial Common Entrance Test (ACET)
Stats Pack :
Introduction :
Background :
Stats Pack has been developed in response to requests from students who have studied very little statistics before in their schooling and for whom Subject CT3 is a significant jump.
Whilst the Subject CT3 Course Notes do cover all that you need to know, it is our experience that some students can find the pace and brevity too much to gain a sufficient grasp of the subject and as a result find themselves at a disadvantage.
Therefore the Stats Pack covers the basic concepts of statistics at a slower pace with plenty of examples and careful explanations of where the results have come from.
Stats Pack is therefore appropriate for students who:
** have never met statistics before
** studied statistics a very long time ago and have forgotten the basics
** are struggling with Subject CT3 due to the pace of the course.
SYLLABUS
Topic Stats Pack
Permutations and combinations
1 Types of data
Statistical diagrams
bar chart, histogram, dot plot, stem-and-leaf, boxplot
Measures of location
mean, median, mode
Measures of spread
range, interquartile range, standard deviation, variance
Skewness
2 Probabilities
basic rules of probabilities
Advanced probabilities
tree diagrams
conditional probabilities
3 Discrete random variables
definitions, probabilities
mean, mode, median
standard deviation and variance
coefficient of skewness
Continuous random variables
definitions, probabilities
mean, mode, median
standard deviation and variance
coefficient of skewness
4 Discrete distributions
discrete uniform
Bernoulli
binomial
Poisson
Continuous distributions
continuous uniform
exponential
the normal distribution
5 Correlation
scatterplots, covariance, correlation coefficient
Regression
The FAC course :
The Foundation Course consists of a set of eight chapters of notes covering the following ideas:
Chapter 1 Notation
Chapter 2 Numerical Methods I
Chapter 3 Mathematical constants and standard functions
Chapter 4 Algebra
Chapter 5 Numerical Methods II
Chapter 6 Differentiation
Chapter 7 Integration
Chapter 8 Vectors and matrices
We recommend that you work through the sections that you are unsure of, completing the questions that are given. If you need further practice, there is a Question and Answer Bank and a Summary Test. These both cover material from all the chapters.
Section 5 of this study guide gives you an index of the topics that are covered in order to identify quickly which chapters you need to look at.
When you are working through the Core Technical subjects you can continue to use this course as a reference document if you come across areas of mathematics which you are still unhappy about.