ACT SCI 1501 - Introduction to Actuarial Science

Institution:

Temple University

Subject:

Description:

In this course, probability theory and its application to insurance and risk management problems are discussed. Among the topics to be covered: counting techniques, conditional probability, Bayes’ Theorem, discrete random variables, specific discrete distributions such as Binomial, Poisson, Negative Binomial and Uniform, moment generating functions and functions of two random variables.

Note: Students need to earn a grade of C or better in this course to be eligible to register for all other required courses in the Actuarial Science major.

Credits:

3.00

Credit Hours:

Prerequisites:

MATH 1041 (C085)/1941 (H095) or equivalent

Corequisites:

MATH 1042 (0086)/1942 (H096) or equivalent

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

WWW.TEMPLE.EDU

Phone Number:

(215) 204-7000

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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