logoClassRank

Macquarie University

Areas of Study

Survival Models

  • ACST818
  • 4
Average Rating
Difficulty Level

This unit provides sophisticated statistical and probabilistic models for survival, sickness, insurance losses and other actuarial problems based on survival data. Techniques of survival analysis are used to estimate survival and loss distributions and evaluate risk factors in actuarial applications. Methods of both nonparametric and parametric estimation are utilised. Advanced models based on Markov chains and processes will also be introduced to capture the features of stochastic transitions between different survival or loss states and to estimate the transition rates. -- Course Website

Instructor: Actuarial staff

Prerequisites: ACST601 and ACST602 and ACST604 



Post an anonymous review of this course

Overall experience
Difficulty Level
POST