ACT451
The first day handout with course outline is available at the following
link -
course outline
as a "PDF" file.
Volume 2 of the SOA Course 3 Study Guide
by S. Broverman is avilable at Alico's Copy Centre
at St. George and College. Upon request a photocopy
will be made for you at the usual cost of photocopying.
The SOA Course 3 Study Note by S. Klugman can be found
at the Society of Actuaries website www.soa.org .
Starting at the SOA homepage, take the following sequence of links
"Education & Jobs" , "Candidate & Exam Information" ,
"Fall Exam Session" , "Fall 2004 Study Notes/Information"
"Course 3" , "Course/Exam 3 STudy Note - Replacing Chapter 2
Material From Loss Models"
Continuous mixture of the Poisson distribution over the
gamma distribution and its relation to the negative
binomial distribution discussed in Oct. 4
class. Some clarifying
comments can be found
here .
Solutions to the second term test can be
found at the following link,
Test 2, 2004.
Term Test marks are in the following file,
listed by student number. Let me know by Friday Dec. 10 if you think
that there is an error. Marks.
The final exam will be a written exam.
You are allowed a calculator and one two-sided 8 1/2
by 11 sheet of formulas. The following is a summary
of what will be covered on the exam.
The exam will primarily be based on material
covered in class, but the following references
to the printed notes and problems may be helpful.
Lesson 4 , Problem Set 1 #37 - 41
Lesson 5, Lesson 6 (omit Tail Behavior, p. LM-61 to LM-63),
Problem Set 2 #1 - 10
Lessons 7 to 11, Problem Set 3
Lesson 12, Problem Set 4
Lessons 13 & 14, Problem Set 5
Lesson 15 (omit Discrete-time process, p. LM-175 to LM-179),
Lesosns 16 & 17, Problem Set 6