2018-2019 Undergraduate Catalog

MATH 457 Actuarial Models 1

Loss and frequency distributions, limited expected value, effects of inflation, parametric and non-parametric models, identification procedures for insurance company data, bootstrapping, Bayesian analysis, compound frequency, methods for censored and truncated data, classical and Bayesian credibility models, experience rating. Prerequisite: C- or better in MATH 321; or permission of the department chairperson.