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Survival Models - ACST358

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 ACST358 and ACST359 are eligible for exemption from subject CT4 of the professional exams of the Institute of Actuaries of Australia.

Credit Points: 3
When Offered:

D1 - Day; Offered in Session 1, North Ryde

Staff Contact(s): Actuarial staff
Prerequisites:

ACST255(P) and STAT272(P) Prerequisite Information

Corequisites:

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

Commerce; Economics

Science

Unit Type:
Assessed As: Graded
Offered By:

Department of Applied Finance and Actuarial Studies

Faculty of Business and Economics

Timetable Information

For unit timetable information please visit the Timetables@Macquarie Website