• 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
  • Course convener
    • AsPr Hanlin Shang
  • Mode of delivery In Person
  • Offered in First Semester 2019
    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.     

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

  1. Explain the concept of survival models.
  2. Understand and describe estimation procedures for lifetime distributions.
  3. 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.
  4. Derive maximum likelihood estimators for the transition intensities in models of transfers between states with piecewise constant transition intensities.
  5. Understand and describe how to estimate transition intensities depending on age, exactly or using the census approximation.
  6. 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.

Other Information

Indicative Assessment

  1. Typical assessment may include, but is not restricted to: a mid-semester exam and a final exam. (null) [LO null]

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Workload

Students are expected to commit at least 10 hours per week to completing the work in this course. This will include at least 3 contact hours per week and up to 7 hours of private study time.

Inherent Requirements

Not applicable

Requisite and Incompatibility

To enrol in this course you must have completed STAT2001 or STAT2013.

Minors

Fees

Tuition fees are for the academic year indicated at the top of the page.  

If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution Band:
2
Unit value:
6 units

If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees.  Where there is a unit range displayed for this course, not all unit options below may be available.

Units EFTSL
6.00 0.12500
Domestic fee paying students
Year Fee
2019 $3840
International fee paying students
Year Fee
2019 $5460
Note: Please note that fee information is for current year only.

Offerings, Dates and Class Summary Links

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The list of offerings for future years is indicative only.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.

First Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
3145 25 Feb 2019 04 Mar 2019 31 Mar 2019 31 May 2019 In Person View

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