Topics include survival models concepts; estimation procedures for lifetime distributions; multiple state models; multiple decrements; binomial model of mortality; actuarial applications of Markov processes; exact and census methods for estimating transition intensities based on age. -- Course Website
Prerequisites: Students must have completed MAST20004 Probability and MAST20005 Statistics or equivalent. Subject Study Period Commencement: Credit Points: MAST20004 Probability Semester 1 12.50 MAST20005 Statistics Semester 2 12.50