STAT 346
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Foundations of Short-term Actuarial Mathematics
StatisticsCollege of Computational, Mathematical, & Physical 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
Min
3
Fixed/Max
3
Fixed
3
Fixed
0
Prerequisite
Complete ALL of the following Courses:
- 09222-002
AND 11843-001