May 14, 2026  
2025-2026 Undergraduate Catalog 
    
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2025-2026 Undergraduate Catalog [NOTE!!!! THIS IS AN ARCHIVED CATALOG. FOR THE CURRENT CATALOG, GO TO CATALOG.NIU.EDU]

ACSC 455 - Loss Models I

Definition and selection of probability distributions appropriate for insurance data that are heavily tailed and skewed, such as Severity Model, Frequency Model, Aggregate Model, and Risk Measures.

Prerequisites & Notes
PRQ: STAT 410.
Credits: 3