The aim of Actuarial Statistics (CS1) is to provide a grounding in mathematical and statistical methods that are of relevance for actuarial work. It equips the student with knowledge of statistical distributions, methods to summarize data, the principles of statistical inference, regression models (including generalised linear models) and the fundamental concepts of Bayesian statistics. The subject includes both theory and application of the ideas using R.
Exam format: 3 hours and 15 minutes paper-based exam, plus 1 hour and 45 minutes computer-based exam on 'R'
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