Buy ACTL 3141
Actuarial Models and Statistics Assignments
This course imparts the students with knowledge of the survival models. It covers their estimation and real world use in mortality and other areas. The topics that are covered in this course include the concept of a survival model and actuarial notation; maximum likelihood estimation of transition intensities, multiple state models; forecasting lifetime distributions.
It also involves construction of multiple decrement tables. Students prepare models with transition intensities depending on age and duration; models for projection of populations, the census approximation and formulae, graduation of crude estimates and tests of fidelity and smoothness; statistical comparison of crude rates with standard table, analysis of mortality/morbidity and the main forms of selection. The students use the analysis of data studied during the course as part of the course assessment.
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