Probability and Statistics for Actuaries - ACTL2002


	Faculty: Australian School of Business
	School: Actuarial Studies Unit
	Course Outline: http://legacy.handbook.unsw.edu.au
	Campus: Kensington Campus
	Career: Undergraduate
	Units of Credit: 6
	EFTSL: 0.12500 (more info)
	Indicative Contact Hours per Week: 3
	Enrolment Requirements:
	Prerequisite: ECON1203 or MATH1231 or MATH1241 or MATH1251
	Fee Band: 3 (more info)
	Further Information: See Class Timetable

Description

This course covers probability and statistics topics relevant to actuarial studies. Topics covered include probability generating functions, moment generating functions, marginal and conditional distributions, independence and convolution, conditional expectation and compound distributions, sampling distributions, estimation methods, hypothesis tests, regression, analysis of variance. Examples relevant to actuarial studies are used to illustrate the application of the topics covered.