STAT4023

Course Descriptions

This course covers basic probability, generating functions, theory of recurrent events, Markov chains and Markov processes. It develops and analyses models for fixed time intervals; covers models for claim severities, models for claim frequencies, aggregate claims models and ruin theory. This course is of interest to advance actuarial science students and statistics students.

Prerequisite

STAT2003 Advanced Statistics

Workload

Workload not available

Modules

Modules not available