Probability for Actuaries: Introduction to Discrete Distributions

Probability as Risk Science

Actuaries don't predict the future—they quantify uncertainty. This course teaches you the mathematical language to do that: probability distributions and their properties.

You'll start with how to extract central tendency and variation from data, move into foundational probability concepts (events, conditional probability, independence), and focus on the discrete distributions that matter most in actuarial practice. You're learning to model questions like: "What's the likelihood a policyholder files a claim?" and "How severe could losses be?"

The course bridges data analysis and practical risk modeling—exactly what actuaries do when they price products and set reserves.