STAT470
Actuarial Mathematics
Prerequisite: 1 course with a minimum grade of C- from (MATH240, MATH461, MATH341); and 1 course with a minimum grade of C- from (MATH340, MATH241). Recommended: STAT400. Major mathematical ideas involved in calculation of life insurance premiums, including compound interest and present valuation of future income streams; probability distribution and expected values derived from life tables; the interpolation of probability distributions from values estimated at one-year multiples; the 'Law of Large Numbers' describing the regular probabilistic behavior of large populations of independent individuals; and the detailed calculation of expected present values arising in insurance problems.
Summer 2025
49 reviews
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4.80
Spring 2025
185 reviews
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3.98
20 reviews
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2.35
Fall 2024
185 reviews
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3.98
20 reviews
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2.35
Spring 2024
185 reviews
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3.98
20 reviews
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2.35
Past Semesters
98 reviews
Average rating:
3.68
49 reviews
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4.80
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N/A
185 reviews
Average rating:
3.98
185 reviews
Average rating:
3.98
49 reviews
Average rating:
4.80
185 reviews
Average rating:
3.98
20 reviews
Average rating:
2.35
49 reviews
Average rating:
4.80
185 reviews
Average rating:
3.98
20 reviews
Average rating:
2.35
49 reviews
Average rating:
4.80
185 reviews
Average rating:
3.98
185 reviews
Average rating:
3.98
20 reviews
Average rating:
2.35