Probability and Statistics for Actuaries - ACTL2002
Faculty: Australian School of Business
School: School of Risk and Actuarial Studies
Course Outline: ACTL2002 Course Outline
Campus: Kensington Campus
Career: Undergraduate
Units of Credit: 6
EFTSL: 0.12500 (more info)
Indicative Contact Hours per Week: 4
Enrolment Requirements:
Prerequisite: ACTL1001 and MATH1251 or School Approval
CSS Contribution Charge: 2 (more info)
Tuition Fee: See Tuition Fee Schedule
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.