Application of stochastic models in actuarial work. Markov chains and their application to experience rating. Markov process models with application to survival, sickness and marriage models, and simple simulation models. -- Course Website
Prerequisites: 302315 (v.2)<br/> Mathematical Statistics 202<br/> <br/> or any previous version<br/> <br/> <br/><br/> <br/> AND<br/><br/> <br/> <br/> 302397 (v.4)<br/> Theory of Interest 202<br/> <br/> or any previous version<br/> <br/> <br/><br/> <br/> OR<br/><b