Actuarial Empire

Category Archives: Lessons

Chapter 14 Quiz

02/24/13 - Lessons, Practice Problems

This quiz provides additional practice problems for Chapter 14. This quiz covers simulation including topics such as 1) VaR, 2)TVaR and 3) and sample size.

Chapter 13 Quiz

02/24/13 - Lessons, Practice Problems

This quiz provides additional practice problems for Chapter 13. This quiz covers model selection including topics such as 1) Schwartz-Bayesian Criterion, 2) $\chi^2$ tests, 3) Anderson-Darling Statistic, 4) Difference plots and 5) p-p plots.

Chapter 12 Quiz Review

02/16/13 - Lessons, Practice Problems

This quiz provides additional practice problems for Chapter 12. This quiz covers 1) Bayesian Estimation, 2) Calculating the expected value and variance in a Bayesian Setting and 3) Loss Functions.

Chapter 11 Quiz Review

02/15/13 - Lessons, Practice Problems

This quiz provides additional practice problems for Chapter 11. This quiz covers 1) Method of Moments (MOM) estimation, 2) Maximum Likelihood Estimation and 3) The Information Matrix.

Chapter 10 Quiz Review

02/12/13 - Lessons, Practice Problems

This quiz provides additional practice problems for Chapter 10. This quiz focuses on kernel estimation.

Chapter 9 Quiz Review

02/12/13 - Lessons, Practice Problems

This quiz provides additional practice problems for Chapter 9. Topics covered include: 1) Kaplan-Meier Estimate, 2) Greenwood’s variance formula, 3) the Nelson-Aalen estimate and 4) grouped data. Good Luck!

Chapter 8 Quiz Review

02/05/13 - Lessons, Practice Problems

This quiz provides additional practice problems for Chapter 8. Topics covered include: 1) the ogive, 2) the Neslon-Aalen estimators, 3) the relationship between the hazard and survival functions and 4) interpolation. Good Luck!

Chapter 7 Quiz Review

02/04/13 - Lessons, Practice Problems

This quiz provides additional practice problems for Chapter 7. Good Luck!

Chapter 6 Quiz Review.

02/02/13 - Lessons, Practice Problems

This quiz provides additional practice problems for Chapter 6. Good Luck!

Expected Cost for Franchise Deductible Formulas

01/31/13 - Lessons, Tips & Tricks

This theory post will cover how to derive the Expected Cost Per Loss and the Expected Cost Per Payment using a franchise deductible.

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