MATH 557 Actuarial Models 1
Loss and frequency distributions, limited expected value, effects of inflation, parametric and non-parametric models, identification procedures for insurance company data, bootstrapping, Bayesian analysis, compound frequency, methods for censored and truncated data, classical and Bayesian credibility models, experience rating. Prerequisite: MATH 321 or 620. Not open to students who have credit in MATH 457.