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ACST358: Survival Models

This unit develops probabilistic and statistical models for survival and death, health and sickness, loss and claims, and other insurance related problems. Students will estimate lifetime distributions and model parameters; assess risk factors; and evaluate the goodness of fit of the models. Survival analysis for censored and truncated data, Cox proportional hazards models with covariates, and Markov processes for multiple state models, will be considered. Students gaining a grade of credit or higher in both ACST359 and this unit may apply for exemption from subject CT4 of the professional exams of the Institute of Actuaries of Australia.

Credit Points: 3
Contact Hours: 4
When Offered:

D1 - Day; Offered in the first half-year

Staff Contact(s): Actuarial staff
Prerequisites:

ACST255(P) and STAT272(P)

Corequisites:

NCCW(s): ACST354
Unit Designation(s):

Commerce; Economics

Science

Assessed As: Graded
Offered By:

Department of Applied Finance and Actuarial Studies

Timetable Information

For unit timetable information please visit the Timetables@Macquarie Website .

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