STAT3036 Credibility Theory
Later Year Course
| Offered By | School of Finance, Actuarial Studies & Appl Stats |
|---|---|
| Academic Career | Undergraduate |
| Course Subject | Statistics |
| Offered in | Second Semester, 2010 and Second Semester, 2011 |
| Unit Value | 6 units |
| Course Description |
This course involves the study of the concepts of decision theory; the fundamental concepts of Bayesian statistics and the calculation of Bayesian estimators; the fundamental concept of credibility theory; the fundamental concepts of simple experience rating systems; and the application of several techniques for analysing a delay triangle and estimating outstanding claim amounts. |
| Learning Outcomes | On completion of this course students should have an understanding of and be able to apply the techniques outlined in the course description. |
| Indicative Assessment |
Mid-semester Exam (30%) Final Exam (70%) |
| Workload |
Three contact hours per week plus 7 hours private study time. |
| Areas of Interest | Actuarial Studies and Statistics |
| Requisite Statement | STAT2001 Introductory Mathematical Statistics |
| Prescribed Texts | See Course Outline: http://ecocomm.anu.edu.au/courses/outline/STAT3036.pdf |
| Preliminary Reading |
See Course Outline: http://ecocomm.anu.edu.au/courses/outline/STAT3036.pdf
|
| Indicative Reading List | See Course Outline: http://ecocomm.anu.edu.au/courses/outline/STAT3036.pdf |
| Other Information |
For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=STAT3036 |
| Science Group | C |
| Academic Contact | See http://ecocomm.anu.edu.au/courses/course.asp?code=STAT3036 |
The information published on the Study at ANU 2010 website applies to the 2010 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2009 website.
