This site uses cookies. By continuing to use this site, closing this banner, or clicking "I Agree", you agree to the use of cookies.
Read our cookies policy and privacy statement for more information.
Stand with UkraineDonate
- Home
- Illinois
- Northern Illinois University
- Course info
- acsc-405 - quantitative-methods-for-actuaries
Northern Illinois University Course Info
Dekalb, Illinois
Course Info
Search for courses by clicking on letters of the alphabet or by using a search bar. Explore course description, number of credits required and course sequences to satisfy graduation requirements.
ACSC 405
Quantitative Methods for Actuaries
Multivariate distributions, transformations of random variables, conditioning for joint distributions, random sums, finite-dimensional properties of discrete-time Markov chains, homogeneous, and non-homogeneous, Poisson and compound Poisson processes, thinning and summing of independent Poisson processes. Together with STAT 400/ACSC 400X, covers the learning outcomes in the exam P of the Society of Actuaries (SOA), which is also the Exam 1 of the Casualty Actuarial Society (CAS)
Units: 3.0
Prerequisites:
ACSC 400X - Probability
or
STAT 400 - Probability