Area: |
Department of Mathematics and Statistics | ||||||||||||||||||||||||
Credits: |
25.0 | ||||||||||||||||||||||||
Contact Hours: |
5.0 | ||||||||||||||||||||||||
** 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: |
3 x 1 Hours Weekly | ||||||||||||||||||||||||
Tutorial: |
1 x 2 Hours Weekly | ||||||||||||||||||||||||
Prerequisite(s): |
302315 (v.2) Mathematical Statistics 202 or any previous version AND 302397 (v.4) Theory of Interest 202 or any previous version |
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Syllabus: |
Survival models, lifetime distributions, statistical models of transfer between multiple states, binomial model of mortality, maximum likelihood estimation of transition intensities, age specific transition intensities, statistical tests standard life tables, graduation of crude estimates, simple assurance and annuity, net premiums and net premium policy values. | ||||||||||||||||||||||||
** 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: | 081103 Insurance and Actuarial Studies | ||||||||||||||||||||||||
Funding Cluster: | 02 - Accounting, Administration, Economics, Commerce | ||||||||||||||||||||||||
SOLT (Online) Definitions*: | Not Online *Extent to which this unit or thesis utilises online information | ||||||||||||||||||||||||
Result Type: | Grade/Mark | ||||||||||||||||||||||||
Availability |
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