Nov 30, 2024  
2023-2024 Undergraduate Catalog 
    
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2023-2024 Undergraduate Catalog [NOTE!!!! THIS IS AN ARCHIVED CATALOG. FOR THE CURRENT CATALOG, GO TO CATALOG.NIU.EDU]

ACSC 450 - Life Contingencies and Payment Models I

Survival-time distributions, and their curtate versions, for one or two lives, possibly dependent, truncated or censored. Mortality tables, aggregate, select and ultimate, and their use in modeling continuous life-time data. Present-value-of-benefit distributions for life insurances and annuities in the single and multiple-decrement models.

Prerequisites & Notes
PRQ: ACSC 350, and ACSC 400X or STAT 400, or consent of department.

Credits: 3