Pstat 172A

HYEKYUNG MIN  
  (min@pstat.ucsb.edu)  
Class: TR 2-3:15 pm  
Location: Girvetz Hall 2115  
Office Hours: TR 3:30-4:30 pm  
   South Hall 5518  

TA:QUNYING SHEN  
  (shen@pstat.ucsb.edu)  
Discussion: Mon 6-6:50 pm  
Location: Girvetz Hall 2123  
Office Hours: Mon 1-2 pm  
   South Hall 5431A  
  

ANNOUNCEMENTS  
Syllabus  
  
  

  COURSE OUTLINE 

  Jan   8: Introduction to Survival Models
               Basic random variables, Probability functions 
               Read sections 3.1-3.2, 3.5.

  Jan 10: Survival Models
               Probability of deferred mortality, Force of mortality
               Read section 3.2.
               Homework #1  

  Jan 15: Survival Models
               Survival models, Curtate-future-lifetime
               Read sections 3.2, 3.5, 3.7.

  Jan 17: Introduction to Life Tables
               Central rate of failure, Life tables
               Read sections 3.3-3.5.
               Exam MLC Table: Illustrative Life Table
               Homework #2 

  Jan 22: Life Tables
               Life tables, Fractional ages
               Read sections 3.5-3.6.

  Jan 24: Introduction to Life Insurance
               Select life tables, Insurances payable at the moment of death
               Read sections  3.8, 4.1-4.2.
               Formula Summary #1
               Homework #3 

  Jan 29: Life Insurance 
               Insurances payable at the moment of death
               Read section 4.2.
               Quiz #1  

  Jan 31: Life Insurance
               Insurances payable at the moment of death
               Read section 4.2. 
               Homework #4 

  Feb 5: Life Insurance
               Insurances payable at the end of the year of death
               Read section 4.3.
               Quiz #2  

  Feb  7: Life Insurance, Review
               Insurances payable at the end of the year of death
               Read sections 4.3.

  Feb 12: Midterm Exam 
                Midterm Exam

  Feb 14: Introduction to Life Annuities
                Relationships between Insurances payable at the time of death and at the end of the year of death
                Discrete Life Annuities
                Read sections 4.4, 5.1, 5.3.
                Homework #5 

  Feb 19: Life Annuities
                Discrete Life Annuities
                Read section 5.3. 
                Formula Summary #2

  Feb 21: Life Annuities
                Discrete Life Annuities
                Read section 5.2.
                Homework #6 

  Feb 26: Life Annuities
                Continuous Life annuities, Life Annuities with m-thly Payments
                Read sections 5.2, 5.4.
                Quiz #3  

  Feb 28: Introduction to Benefit Premiums
                Life Annuities with m-thly Payments, Benefit Premiums
                Read sections 5.4, 6.1.
                Homework #7              

  Mar  4: Benefit Premiums
                Fully Continuous Premiums
                Read section 6.2. 
                Quiz #4  

  Mar  6: Benefit Premiums
                Fully Continuous Premiums, Fully Discrete Premiums
                Read sections 6.2-6.3.
                Homework #8            

  Mar 11: Benefit Premiums
                Fully Discrete Premiums
                Read section 6.3.
                Quiz #5  

  Mar 13: Benefit Premiums, Review
                True m-thly Payment Premiums
                Read section 6.4. 

  Mar 19: Final Exam 
                Final Exam