Fall 2007

MATH 4400– Directed Study

Probabilistic Foundations of Actuarial Science

 

Instructor

Dr. Anda Gadidov

Office

Science Building Room 529

Phone

(770)-423-6098, e-mail: agadidov@kennesaw.edu

Office hours

TBA

Class meets

TBA

Text

Probability and Statistical Inference, by Hogg and Tanis, and copies of past Mathematical Foundations of Actuarial Science Examinations.

Course 
objectives

Study the underlying theory of the probabilistic and statistical applications that are taught in Math 3332 as a means of preparing for the Mathematical Foundations of Actuarial Science Examination.

Description

This course is designed to serve as a preparation for the first Actuarial Exam. In this respect it will cover in more detail topics in Probability theory that are overlooked in the regular course, such as joint continuous distributions, moment generating function and transformations of distributions.

Learning 
outcomes

After successfully completing this directed study, the students will be well prepared to take and pass the Mathematical Foundations of Actuarial Science Examination.

Prerequisite

Math 3332; Calculus I-III Math 1190, 2202, 2203.

Topic outline

1. Axioms of Probability

2. Conditional Probability

3. Independence

4. Bayes’ Theorem

5. Discrete Distributions: Poisson, Binomial.

6. Continuous Distributions: the normal distribution, exponential

7. Multivariable Distributions

8. Sampling Distribution Theory; the Central Limit Theorem.

9. Moment Generating Functions.

Grading

The grade for this directed study will be based on class discussions, students’ performance on a midterm exam and a final exam consisting of questions form previous versions of the Mathematical Foundations of Actuarial Science Examination.

Academic 
misconduct

Every KSU student is responsible for upholding the provisions of the Student Code of Conduct, as published in the Undergraduate and Graduate Catalogs. Section II of the Student Code of Conduct addresses the University ’s policy on academic honesty, including provisions regarding plagiarism and cheating, unauthorized access to University materials, misrepresentation/falsification of University records or academic work, malicious removal, retention, or destruction of library materials, malicious/intentional misuse of computer facilities and/or services, and misuse of student identification cards. Incidents of alleged academic misconduct will be handled through the established procedures of the University Judiciary Program, which includes either an “informal” resolution by a faculty member, resulting in a grade adjustment, or a formal hearing procedure, which may subject a student to the Code of Conduct ’s minimum one semester suspension requirement.

Withdrawal
policy

Students who find that they cannot continue in college for the entire semester after being enrolled, because of illness or any other reason, need to complete an online form. To completely or partially withdraw from classes at KSU, a student must withdraw online at www.kennesaw.edu, under Owl Express, Student Services.

The date the withdrawal is submitted online will be considered the official KSU withdrawal date which will be used in the calculation of any tuition refund or refund to Federal student aid and/or HOPE scholarship programs. It is advisable to print the final page of the withdrawal for your records. Withdrawals submitted online prior to midnight on the last day to withdraw without academic penalty will receive a “W” grade. Withdrawals after midnight will receive a “WF”. Failure to complete the online withdrawal process will produce no withdrawal from classes. Call the Registrar’s Office at 770-423-6200 during business hours if assistance is needed.

Students may, by means of the same online withdrawal and with the approval of the university Dean, withdraw from individual courses while retaining other courses on their schedules. This option may be exercised up until October 11, 2007.

This is the date to withdraw without academic penalty for Fall term, 2007 classes. Failure to withdraw by the date above will mean that the student has elected to receive the final grade(s) earned in the course(s). The only exception to those withdrawal regulations will be for those instances that involve unusual and fully documented circumstances.

 

 

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