MATH 6389 Actuarial Statistics
This course will provide the necessary probability and statistical knowledge for loss models. The 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.
Prerequisite
MATH 6364 or consent of instructor