2020-2021 Academic Catalog 
    
    Apr 20, 2024  
2020-2021 Academic Catalog [Archived Catalog]

MATH 406 - Statistical Modeling II


Credits: Three (3)
MATH 406 and ACSC 407 cover the learning objectives from Examination STAM (Short-Term Actuarial Models) of the Society of Actuaries. 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.
General Education Area: Quantitative Reasoning
Cross-listed: MATH-506
Prerequisite: MATH-372