Edition: 1st Edition, 2nd Printing
The ASM Study Manual for Exam SRM, 2nd Printing covers the full syllabus of the exam and includes practice problems, practice exams and solutions to both problems and exams. While K nearest neighbors is included as part of the linear models topic on the syllabus, the ASM for SRM manual covers that topic as a separate lesson. However, none of the sample questions are on this topic. Aside from that, the distribution of the sample questions is approximately the same as the syllabus weights (with the bulk of the material on the exam and in the manual on linear models), except that there are no sample questions on Basics of Statistical Learning.
Who should use this manual?
The SRM course gives you an introduction to statistical learning and data science. It is a prerequisite to the Predictive Analytics exam. Exam takers using ASM for SRM should have some knowledge of calculus, probability, and mathematical statistics, and you should know what matrix multiplication, transposition, and inversion means. However, the technical part of this course is light; you should know what we’re talking about when we mention testing a null hypothesis H0 against an alternative, or Student’s t test, and it would be nice if you know what maximum likelihood estimation is, but we don’t go very deeply into mathematical statistics.
In this manual, there are 28 sample questions and 6 practice exams. All have complete solutions. Many exercises are original, but they also include SRM sample questions and questions from old CAS MAS-I and S exams. All of the practice exam questions are original. However, a small number of the calculation questions are just slight variations of the SRM sample questions. For the knowledge questions, there was a limit to the number of different tricky statements the author could come up with, so you may find them slightly repetitive.
Note: this manual does not cover R, and you won’t need it for SRM. However, you will need it for the PA exam.
Printed manual is three-hole punched, shrink-wrapped, and notebook-ready for convenient transporting.
Click here for more information and errata
StudyPlus+ digital access to:
Virtual eFlashcards G.O.A.L. for Exam P (Guided Online Actuarial Learning practice problem tool) Digital formula sheet Actuarial exam and career strategy guides Technical skill eLearning tools Samples of Supplemental Texts & Study Tools
StudyPlus+access is provided to customers of the printed manual for 12 months. Access codes are included within printed study manuals on a fluorescent yellow or green page, near the front of the manual. Digital manual customers gain access to StudyPlus+ immediately upon confirmation of an order, for a duration matching the digital manual license (including any extensions.
ASM authors/instructors are well-known as creators of the most comprehensive study manuals available for the SOA and CAS exams. ASM consistently offers students more practice problems with detailed solutions and more sample practice exams with original questions. We are very confident that using ASM study manuals will help you receive a passing score. In fact, we offer you this guarantee to help ensure your success using ASM study manuals:
Original purchase of a 6 Month Digital License – One (1) six-month renewal [NO PRINTING] Original purchase of a 12 Month Digital License - Unlimited, six-month renewals [NO PRINTING] Original purchase of a Printed manual - Unlimited, six-month digital renewal [NO PRINTING]
To renew your non-transferable license, please email this retailer with proof of your original purchase & failing grade from the most recent exam sitting relative to the end of your most recent license (no later than 60-days following the expiration of that license.) Additional 6-month renewals (when applicable) are subject to the same terms. Please note, customers who purchase a printed manual from this retailer are considered to have an initial ‘license period’ of 12 Months from the date their manual is first shipped.
Please note: Exams and syllabi sometimes undergo significant changes. Renewals of materials for discontinued exams may be substituted with material for an exam that offers equivalent credit by the SOA or CAS, ONE TIME ONLY.
eManual technology for protected PDFs:
Access content from any device, anywhere Online in your Actuarial Bookstore account/web browser Offline via the FREE desktop player (pc or mac) **Use required for print functionality on 12-month licenses** Online/Offline via mobile application (android or iPhone) Take notes and highlight content Use available content immediately upon confirmation of your order Some restrictions do apply: Access through “My Account/My Learning Tools” section of your account 6 month license - no printing 1 year license - 30% printing Single User (sharing and/or resale is prohibited) Access to content on up to four devices Use off-line for up to 5 days at a time NO RETURNS
Abraham Weishaus Ph.D., FSA, CFA, MAAA
Abraham was formerly a financial reporting actuary for Guardian Life Insurance Company. He served on the SOA's Education and Examination Committee for 11 years. He also taught exam preparation courses for the Actuarial Society of Greater New York (ASNY) for 15 years and for CAMAR for 6 years. Abe is currently a professor at Columbia University and teaches exam preparation courses at St. John’s University. He has been an ASM author for over 16 years and publishes material for exams P, CAS S, MFE, MLC and C.
ASM has been helping students prepare for actuarial exams since 1983. We offer study materials for Exams P/1, FM/2, MLC, MFE/3F, C/4, S and EA-1, EA-2F and EA-2L, written by an outstanding team of authors. ASM Products are sold at ACTEX Learning | Mad River Books and The Actuarial Bookstore.