MATH 363 - Actuarial and Stochastic Modeling I

3 Credits
Three hours per week.

This course develops mathematical models for analyzing fluctuations in stock market indices, interest rates, weekly insurance claims, inventory levels, and many other random phenomena. It is restricted to systems that can be modeled as discrete time Markov Chains.

Prerequisite(s) MATH 312 and MATH 331 with a grade of “C” or better.
Offered (FALL).