Pstat 172A

  Actuarial Statistics, Winter 2009
   

HYEKYUNG MIN  
  (min@pstat.ucsb.edu)
  
Class: MW 2-3:15 pm
  
Location: Girvetz Hall 1112
  
Office Hours: MW 3:30-4:30 pm
  
   South Hall 5518
  

TA:QUNYING SHEN  
  (shen@pstat.ucsb.edu)
  
Discussion: Wed 6-6:50 pm
  
Location: Girvetz Hall 1119
  
Office Hours: Mon 10-11 am
  
   South Hall 5431A
  

ANNOUNCEMENTS  
'09 Syllabus
   
  

                     

  COURSE OUTLINE 

    Jan  5: Introduction to Survival Models
               Basic random variables, Survival function
               Read sections 3.1-3.2, 3.5.

     Jan  7: Survival Models
               Probability of deferred mortality, Force of mortality
               Read sections 3.2-3.3.
            
Homework 1  HW1 Solutions

    Jan 12: Survival Models
               Curtate-future-lifetime, Survival models (De Moivre's law, Constant force of mortality)
               Read sections 3.2, 3.7.
            
Handout 1  

    Jan 14: Introduction to Life Tables
               Relation of life table functions to the survival function
  
             Read sections 3.3-3.5.
  
             Exam MLC Tables
               Quiz 1  Quiz 1 Solutions
            
Homework 2  HW2 Solutions

    Jan 19: Martin Luther King, Jr.'s Birthday (NO CLASS)

    Jan 21: Life Tables
  
             Fractional ages
  
             Read section 3.6.
               Quiz
2  Quiz 2 Solutions
            
Homework 3  HW3 Solutions

    Jan 26: Life Insurance 
  
             Select life tables, Insurances payable at the moment of death
  
             Read sections 3.8, 4.1-4.2.

    Jan 28: Life Insurance
  
             Insurances payable at the moment of death
  
             Read section 4.2. 
               Quiz
3  Quiz 3 Solutions
            
Homework 4   HW4 Solutions
            
Homework 5   HW5 Solutions 

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

    Feb  4: Life Insurance, Review
  
             Relationships between Insurances payable at the time of death and at the end of the year of death
  
             Read section 4.4.
               Quiz
4  Quiz 4 Solutions

    Feb   9: Midterm Exam 2:00-3:20 pm
                Sample Midterm Exam: '08 Midterm Exam
                Midterm Exam Solutions

    Feb 11: Introduction to Life Annuities
  
              Discrete Life Annuities
  
              Read sections 5.1, 5.3.

    Feb 16: Presidents' Day (NO CLASS)

    Feb 18: Life Annuities
  
              Discrete Life Annuities
  
              Read section 5.3.
  
             
Handout 2  
               
Homework 6  HW6 Solutions

    Feb 23: Life Annuities
  
              Continuous Life annuities
  
              Read sections 5.2.

    Feb 25: Life Annuities
  
              Continuous Life annuities, Life Annuities with m-thly Payments
  
              Read sections 5.2, 5.4.
                Quiz
5  Quiz 5 Solutions
               
Homework 7  HW7 Solutions

    Mar  2: Introduction to Benefit Premiums
  
              Fully Continuous Benefit Premiums
  
              Read section 6.1-6.2.

    Mar  4: Benefit Premiums
  
              Fully Continuous Premiums, Fully Discrete Premiums
  
              Read sections 6.2-6.3.
                Quiz
6  Quiz 6 Solutions
               
Homework 8  HW8 Solutions

    Mar  9: Benefit Premiums
  
              Fully Discrete Premiums
  
              Read section 6.3.

    Mar 11: Benefit Premiums, Review
  
 
             True m-thly Payment Premiums
  
              Read section 6.4. 
                Quiz
7  Quiz 7 Solutions

    Mar 17: Final Exam (TUESDAY, 4-7 PM)
                 Sample Final Exam: '08 Final Exam
                 Final Exam Solutions
 



  Any comments or questions regarding this site or its contents should be emailed to Hyekyung Min.
  Last modified: March 2009