3 credits
Fall 2025 Lecture Upper Division
This course aligns with one of the Society of Actuaries examinations. The course will cover the learning objectives for a portion of the Society of Actuaries Examination STAM. Permission of department required. Permission of instructor required.
Learning Outcomes1Calculate moments, percentiles, and generating functions.
2Describe how changes in the parameters affect the distribution.
3Recognize classes of distributions, including extreme value distributions, and their relationships.
4Create new distributions by multiplication by a constraint, raising to a power, exponentiation, and mixing.
5Identify the applications to which each distribution may apply and explain why.
6Apply the distribution to an application, given the parameters.
7Compare two distributions based on various characteristics of their tails, including moments, ratios of moments, limiting tail behavior, hazard rate function, and mean excess function.
Prerequisites
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