Probability and Statistics for Actuaries - ACTL5101

 
Faculty: Australian School of Business
 
 
School:  Actuarial Studies Unit
 
 
Course Outline: Actuarial Studies - Course Outlines
 
 
Campus: Kensington Campus
 
 
Career: Postgraduate
 
 
Units of Credit: 6
 
 
EFTSL: 0.12500 (more info)
 
 
Indicative Contact Hours per Week: 3
 
 
Enrolment Requirements:
 
 
Prerequisite: Enrolment in program 8411
 
 
Fee Band: 3 (more info)
 
 
Further Information: See Class Timetable
 
 

Description


This course covers probability and statistics topics relevant to actuarial studies with applications in insurance and related areas. 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 and analysis of variance.