306542 (v.2) Principles of Actuarial Science 101

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:

1 x 2 Hours Weekly

Workshop:

1 x 2 Hours Weekly

Seminar:

1 x 2 Hours Fortnightly

Syllabus:

Introduction to Maple as a symbolic tool in algebraic manipulation - its use in approximation, graphical presentation and solution of linear systems. Use of Microsoft Excel in performing the following statistical procedures: exploratory data analysis andsimulation of sampling distributions. Test of hypotheses and confidence interval for mean, variance and inference for proportions. Tests for independence and homogeneity, simple and multiple regression analysis. Integral transformation theorem and its use in simulation of random samples for different distributions. Goodness-of-fit tests for assessing appropriate models such as binomial, poisson, exponential normal, lognormal and important life-time distributions. Introduction to Visual Basic programmingand its applications in statistical analysis.

** 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

Year	Location	Period	Internal	Partially Online Internal	Area External	Central External	Fully Online
2007	Bentley Campus	Semester 2	Y

Area External	refers to external course/units run by the School or Department or offered by research.
Central External	refers to external and online course/units run through the Curtin Bentley-based Distance Education Area
Partially Online Internal	refers to some (a portion of) learning provided by interacting with or downloading pre-packaged material from the Internet but with regular and ongoing participation with a face-to-face component retained. Excludes partially online internal course/units run through the Curtin Bentley-based Distance Education Area which remain Central External
Fully Online	refers to the main (larger portion of) mode of learning provided via Internet interaction (including the downloading of pre-packaged material on the Internet). Excludes online course/units run through the Curtin Bentley-based Distance Education Area which remain Central External