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17:36
YouTube
AnalystPrep
Joint, Marginal, and Conditional Distributions (SOA Exam P – Multivariate Random Variables)
Master joint, marginal, and conditional distributions for SOA Exam P. In this lesson we build PMFs/PDFs and CDFs for multivariate random variables, work through an insurance risk–loss example, use the law of total probability for marginals, and compute conditional probabilities/distributions correctly (joint ÷ marginal). Perfect refresher ...
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