| Area: | 
	Department of Mathematics and Statistics | 
	| Credits: | 
	25.0 | 
	| Contact Hours: | 
	4.0 | 
|   | 
	| ** The tuition pattern below provides details of the types of classes and their duration. This is to be used as a guide only. For more precise information please check your unit outline. ** | 
|   | 
	| Lecture: | 
	1 x 3 Hours Weekly | 
	| Tutorial: | 
	1 x 1 Hours Weekly | 
	| Prerequisite(s): | 
	302315 (v.2) Mathematical Statistics 202  or any previous version 
AND 
309805 (v.1) Life Contingencies 501  or any previous version 
	 | 
|   | 
	| Syllabus: | 
	Benefit reserves - fully continuous and discrete benefit reserves, analysis of benefit reserves, benefit reserves at fractional durations, allocation of the risk to insurance years, Hattendorf's theorem. Multiple life functions - joint-life status and last-survivor status, dependent life models, insurance and annuity benefits, special mortality assumptions. Multiple decrement models - random and deterministic survivorship groups, multi-life models, multiple decrement models. | 
|   | 
	| ** To ensure that the most up-to-date information about unit references, texts and outcomes appears, they will be provided in your unit outline prior to commencement. ** | 
|   | 
  | Field of Education: |    010101 Mathematics |  
    | Funding Cluster: |    04 - Mathematics, Statistics |  
    | SOLT (Online) Definitions*: |       Informational    *Extent to which this unit or thesis utilises online information    |  
    | Result Type: |    Grade/Mark |  
	Availability | 
	| Availability Information has not been provided by the respective School or Area. Prospective students should contact the School or Area listed above for further information. |