Buy ACTL 2102
Foundations of Actuarial Models Assignments
This course introduces students to the models of probability that actuaries use for assets and liabilities. The topics that students will cover in this course are the definition of stochastic processes, main elements of a Markov chain application to real-world experience rating, markov process models, and application to survival, illness and marriage model.
Other models that students ought to cover before the completion of this course include simple time series models, which comprises of the auto –regressive models and random walk. The students will use spreadsheets during the implementation of models and programs in numerical computer systems.
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