Life Contingencies III

3 credits · Undergraduate Programs

Multiple life functions, dependent and independent models, related annuities and insurances. Multiple decrement models: time until and causes of death. Associated single decrement tables. Applications of multiple decrement theory. Asset shares. Business and regulatory considerations. Prerequisite(s): Actuarial Science 327; Statistics 323; 3 units from Mathematics 311, 367 or 375; and 3 units from Computer Science 217, 231, 235 or Data Science 211.