Actuarial Science II

3 Units

Theory of life contingencies. Life table analysis for simple and multiple decrement functions. Life and special annuities. Life insurance and reserves for life insurance. Statistical issues for prediction from actuarial models. Topics covered include areas examined in the American Society of Actuaries Exam 3. Offered as STAT 318 and STAT 418 . Prereq: STAT 312 or STAT 317 or STAT 345 or Requisites Not Met permission.