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.
Fall 2024
170 reviews
Average rating:
4.11
14 reviews
Average rating:
2.86
Spring 2024
170 reviews
Average rating:
4.11
14 reviews
Average rating:
2.86
Past Semesters
90 reviews
Average rating:
3.61
46 reviews
Average rating:
4.80
0 reviews
Average rating:
N/A
170 reviews
Average rating:
4.11
170 reviews
Average rating:
4.11
46 reviews
Average rating:
4.80
170 reviews
Average rating:
4.11
14 reviews
Average rating:
2.86
46 reviews
Average rating:
4.80
170 reviews
Average rating:
4.11
14 reviews
Average rating:
2.86
46 reviews
Average rating:
4.80
170 reviews
Average rating:
4.11
170 reviews
Average rating:
4.11
14 reviews
Average rating:
2.86