ACT SCI 3502 - Actuarial Modeling II

Institution:

Temple University

Subject:

Description:

This course introduces multiple life functions that require the use of joint probability functions and the calculation of marginal probability distributions. Additional topics include the calculation of mean and variance for these joint random variables and multiple decrement theory. Various topics from Loss Models are also discussed including computation of mixed distributions through compounding of frequency distributions with severity distributions and the calculation of premiums for insurance policies with deductibles, limits and coinsurance.

Note: A minimum grade of C in this course is required to be eligible to take Actuarial Science 3503 (0333).

Credits:

3.00

Credit Hours:

Prerequisites:

ACT SCI 3501 (0305) with a grade of C or better

Corequisites:

STAT 2512 (0212)

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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