- Code STAT3032
- Unit Value 6 units
- Offered by Rsch Sch of Finance, Actuarial Studies & App Stats
- ANU College ANU College of Business and Economics
- Course subject Statistics
- Areas of interest Actuarial Studies, Statistics
- Academic career UGRD
- Dr Grace Chiu
- Mode of delivery In Person
First Semester 2016
See Future Offerings
This course introduces survival models and discusses their rationale, their estimation and their application to mortality. Topics covered will include: an introduction to the life table; survival models; estimation procedures for lifetime distributions; statistical models of transfers between multiple states; maximum likelihood estimation of transition intensities for such models; binomial model of mortality including estimation and comparison with multiple state models; exposed to risk and methods for smoothing crude mortality rate data.
Upon successful completion, students will have the knowledge and skills to:
Upon successful completion of the requirements for this course, students should have the knowledge and skills to:
- Explain the concept of survival models.
- Understand and describe estimation procedures for lifetime distributions.
- Understand and describe statistical models of transfer between multiple states, including processes with single or multiple decrements, and derive relationships between probabilities of transfer and transition intensities.
- Derive maximum likelihood estimators for the transition intensities in models of transfers between states with piecewise constant transition intensities.
- Understand and describe how to estimate transition intensities depending on age, exactly or using the census approximation.
- Understand and describe how to test crude estimates for consistency with a standard table or a set of graduated estimates, and understand and describe the process of graduation.
See the course outline on the College courses page. Outlines are uploaded as they become available.
- Mid Semester Exam 20%
- Final Examination 80%
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10 hours per week
Requisite and Incompatibility
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- Student Contribution Band:
- Unit value:
- 6 units
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Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.
|Class number||Class start date||Last day to enrol||Census date||Class end date||Mode Of Delivery||Class Summary|
|3663||15 Feb 2016||26 Feb 2016||31 Mar 2016||27 May 2016||In Person||N/A|