2017-2018 Academic Catalog 
    
    Apr 23, 2024  
2017-2018 Academic Catalog [Archived Catalog]

MATH 506 - Statistical Modeling II


Credits: Three (3)
Prerequisite: MATH/ACSC 405
This course covers the materials on the professional actuarial exam C. Topics include constructing empirical models; estimating the parameters of failure time and loss distribution using different methods such as maximum likelihood method of moments, Kaplan-Meier estimator, Nelson- Aalen estimator and kernel density estimators; determining the acceptability of a fitted model; comparing models using graphical procedures, Kolmogorov-Smirnov test, Chi-square goodness of fit test, likelihood ratio test, Schwarz Bayesian criterion, and Akaike Information criterion.  A presentation of one project is required for the course.
Note: This course is for graduate students only
Cross-listed: ACSC 506