ACT466H1: Credibility and Simulation

Hours

36L

Limited fluctuation credibility, Bayesian estimation, Buhlmann credibility, non-parametric credibility methods, inverse transformation simulation method, specialized simulation methods for the normal and lognormal distributions, Monte Carlo methods, the bootstrap method.

Prerequisite
ACT240H1 (minimum 63%), ACT245H1 (minimum 63%), ACT247H1 (minimum 63%), STA261H1, ACT350H1/STA347H1, ACT451H1
Distribution Requirements
Science
Breadth Requirements
The Physical and Mathematical Universes (5)