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ACSC537

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Credibility Theory

Mathematics and Statistics SC - Faculty of Science

Subject

ACSC - Actuarial Science

Description

Limited fluctuation credibility; full and partial credibility; greatest accuracy credibility; Bayesian methodology; credibility premium; Buhlmann model; Buhlmann-Straub model; empirical Bayes method; bonus-malus system.

Prerequisite(s): Actuarial Science 327; Statistics 323; and 3 units from Mathematics 311, 367 or 375.

Antirequisite(s): Credit for Actuarial Science 537 and either 533 or 637 will not be allowed.

Course Attributes

Fee Rate Group(Domestic) - A, Fee Rate Group(International) -A, GFC Hours (3-0), RCS Related, FRGD - A (Fee Rate Group(Domestic) - A), FRGI - A (Fee Rate Group(Int'l) - A), GFCH - 3-0 ((3-0)), RCS - RLT (Related)

Courses may consist of a Lecture, Lab, Tutorial, and/or Seminar. Students will be required to register in each component that is required for the course as indicated in the schedule of classes. Practicums, internships or other experiential learning modalities are typically indicated as a Lab component.

Component

LEC

Units

3

Repeat for Credit

No

Subject code

ACSC
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