STAT 6389 Actuarial Statistics

This course will provide the necessary probability and statistical knowledge for loss models. Topics include modeling, random variables, basic distributional quantities, actuarial models, continuous models, discrete distributions and processes, frequency and severity with coverage modifications, and aggregate loss models. Students will be given the opportunity to apply loss data in actuarial science to establish and estimate actuarial models and to make efficient predictions. R software and Excel will be used for the computational analysis. 

Credits

3

Prerequisite

Grade of C or better in MATH 6365 or consent of instructor.

Schedule Type

Lecture

Grading Basis

Standard Letter (A-F)

Administrative Unit

School of Mathematical & Stat

Offered

As scheduled