Pstat 172B

HYEKYUNG MIN  
  (min@pstat.ucsb.edu)  
Class: TR 9:30-10:45am  
Location: Girvetz Hall 2108  
Office Hours: TR 11am-12pm  
   South Hall 5518  

TA:JHARNA GUPTA  
  (gupta@pstat.ucsb.edu)  
Discussion: Tue 5-5:50pm  
Location: Girvetz Hall 2120  
Office Hours: Thu 1-2pm  
   South Hall 5431A  
  

ANNOUNCEMENTS  
Pstat 172A: Actuarial Statistics I  
Syllabus  

  COURSE OUTLINE 

  Apr   1: Introduction to Benefit Reserves
                Benefit reserves 
                Read section 7.1

  Apr   3: Benefit Reserves
                Fully continuous benefit reserves
                Read section 7.2.
                Homework #1  

  Apr   8: Benefit Reserves
                Fully continuous benefit reserves
                Read section 7.3.

  Apr 10: Benefit Reserves
                Fully discrete benefit reserves
                Read section 7.4.
                Homework #2  

  Apr 15: Benefit Reserves
                Benefit reserves on a semicontinuous basis, Benefit reserves based on true m-thly benefit premiums 
                Read sections 7.5-7.6.
                Quiz #1 

  Apr 17: Analysis of Benefit Reserves
                Benefit reserves for general insurances
                Read sections  8.1-8.2.
                Homework #3  

  Apr 22: Analysis of Benefit Reserves 
                Recursion relations for fully discrete benefit reserves
               Read section 8.3.
                Quiz #2 

  Apr 24: Analysis of Benefit Reserves
                Benefit reserves at fractional durations
                Read section 8.4. 

  Apr 29: Multiple Life Functions, Review
                Joint distributions of future lifetimes
                Read sections 9.1-9.2.
                Quiz #3  
                Homework #4  

  May  1: Midterm Exam
                Midterm Exam
               

  May  6: Multiple Life Functions
                Joint-life status
                Read section 9.3.

  May  8: Multiple Life Functions
                Last-survivor status
                Read section 9.4.
                Homework #5  

  May 13: Multiple Life Functions
                More probabilities and expectations, Dependent lifetime models
                Read sections 9.5-9.6. 
                Formula Sheet #1
                Quiz #4  

  May 15: Multiple Life Functions
                Insurance and annuity benefits
                Read section 9.7.

  May 20: Multiple Life Functions
                Simple contingent functions
                Read section 9.9.
                Quiz #5  

  May 22: Multiple Decrement Models
                Two random variables
                Read sections 10.1-10.2.
                Homework #6  

  May 27: Multiple Decrement Models
                Random survivorship group, Deterministic survivorship group
                Read sections 10.3-10.4.   
                Quiz #6       

  May 29: Multiple Decrement Models
                Associated single decrement tables
                Read section 10.5. 
                Homework #7  

  Jun   3: Multiple Decrement Models
                Construction of a multiple decrement table
                Read section 10.6.
                Quiz #7  

  Jun   5: Applications of Multiple Decrement Theory, Review
                Actuarial present values and their numerical evaluation, Benefit premiums and reserves
                Read sections 11.1-11.3.   

  Jun 10: Final Exam
                Final Exam