STAT 346
Foundations of Short-term Actuarial Mathematics
Statistics
College of Physical and Mathematical Sciences
Course Description
Foundational methods and models for short term risks such as auto insurance and health insurance. Probability models for claim frequency and claim severity with extensions to construct compound distributions. Bayesian credibility updating. Partial coverage for SOA Exam FAM.
When Taught
Winter
Grade Rule
Grade Rule 8: A, B, C, D, E, I (Standard grade rule)
Min
3
Fixed
3
Fixed
3
Fixed
0
