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| STAT 48000 - Credibility And Simulation |
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Credit Hours: 3.00. A continuation of the material covered in STAT 47900, including Credibility Theory and Simulation calibration and evaluation of the models. Typically offered Spring.
3.000 Credit hours Syllabus Available Levels: Undergraduate, Graduate, Professional Schedule Types: Distance Learning, Lecture Offered By: Regional Campus Only Department: IUPUI Courses-IUPUI Course Attributes: Upper Division May be offered at any of the following campuses: IUPUI Learning Outcomes: 1. Learn to perform Bayesian analysis using both discrete and continuous models. 2. Apply conjugate priors In Bayesian analysis (and in particularly the Poisson-Gamma model). 3. Simulate both discrete and continuous random variables using the inversion method, estimate the number of simulations needed to obtain an estimate with a given error and a given degree of confidence, and apply simulation methods within the context of actuarial models. 4. Complete both courses STAT 47900/STAT 48000 to learn all of the material for Exam C/4 of the SOA/CAS in prepartion for taking this exam. |
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