Nov 22, 2024  
2020-2021 Undergraduate and Graduate Catalog 
    
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2020-2021 Undergraduate and Graduate Catalog [ARCHIVED CATALOG]

STAT 484 - Actuarial Science: Models

(3 units)

Prerequisite: STAT 381  or consent of instructor.
Statistical techniques applied to risk management. Expected utility theory, individual risk models, compound Poisson distributions and processes, ruin probability and first surplus, stop-loss and proportional reinsurance, statistical survival distributions and life tables, life annuity, actuarial present values, and premiums determination.

Letter grade only (A-F). (Lecture 3 hrs.) Not open for credit to students with credit in MATH 484.