MATH2871 DATA MANAGEMENT FOR STATISTICAL ANALYSIS
SEMESTER 2, 2010
Lab exercise Week 11
1. Extracting Characters Based on Position
The data set orion.newcompetitors has data on competing retail stores that
recently opened near existing Orion Start locatio

MATH2871 DATA MANAGEMENT FOR STATISTICAL ANALYSIS
SEMESTER 2, 2010
Lab exercise Week6
1. Cleaning DATA from orion.price_current
a. Retrieve the following starter program.
proc means data=work.price_current n min max;
var Unit_Sales_Price;
run;
proc univar

MATH2871 DATA MANAGEMENT FOR STATISTICAL ANALYSIS
SEMESTER 2, 2010
Lab exercise Week7
1. Concatenating Unlike-Structured Data Sets
a. Submit the following TWO PROC CONTENTS steps to compare the variables
in the two data sets.
proc contents data=orion.sale

MATH2871 DATA MANAGEMENT FOR STATISTICAL ANALYSIS
SEMESTER 2, 2010
Lab exercise Week5
1. Reading a Comma-Delimited Raw Data File.
a. Open p107e01. Add the appropriate LENGTH, INFILE and INPUT statements
to read the comma-delimited raw data file named, new

MATH2871 DATA MANAGEMENT FOR STATISTICAL ANALYSIS
SEMESTER 2, 2010
Lab exercise Week 9
1. Specifying Variables and Observations
The data set orion.employee_organization contains information about employee
job titles, departments, and managers.
a. Create t

UNSW SCHOOL OF MATHEMATICS
MATH2871 DATA MANAGEMENT FOR STATISTICAL ANALYSIS
ASSIGNMENT 3 - ANSWERS
TOTAL MARKS 20 (15% of final grade)
Due: 4pm, Friday, 22 October, 2010
There are different ways of coding programs. The followings are only suggestions, an

MATH2871 DATA MANAGEMENT FOR STATISTICAL ANALYSIS
SEMESTER 2, 2010
Lab exercise Week 9
1. Defined Ranges in User-Defined Formats
a. PROC PRINT step is given as the following.
proc print data=orion.nonsales;
var Employee_ID Job_Title Salary Gender;
run;
b.

ACCT2522 Management Accounting 1
Session 1, 2011
Tutorial Week 2 Understanding Processes and Value Creation
Overall Theme
This topic sets the scene for the course by highlighting the role of contemporary management
accounting practices providing informati

MATH2871 DATA MANAGEMENT FOR STATISTICAL ANALYSIS
SEMESTER 2, 2010
Lab exercise Week 12
1. Using Arrays for Repetitive Computations
Monthly customer order data for the first half of the year is stored in the data set
orion.orders_midyear. Orion Star Sales

MATH2871 DATA MANAGEMENT FOR STATISTICAL ANALYSIS
SEMESTER 2, 2010
Lab exercise Week 12 - Answers
1. Using Arrays for Repetitive Computations
Monthly customer order data for the first half of the year is stored in the data set
orion.orders_midyear. Orion

MATH2871 DATA MANAGEMENT FOR STATISTICAL ANALYSIS
MOCK EXAM 2006
NOTE: The final examination will have 15 questions in part A and 7 questions in part B. You
will be allowed to take one A4 sheet of hand-written notes into the final examination.
PART A
The

MATH2871 DATA MANAGEMENT FOR STATISTICAL ANALYSIS
SEMESTER 2, 2010
Lab exercise Week3
1. Accessing a SAS Data library.
a. Write and submit the appropriate LIBNAME statement to provide access to
the orion libref.
libname orion P:\math2871 ;
NAME : the name

Life Insurance and Superannuation Models
Week 4: Net Premium Reserves
March 21, 2011
1 / 24
Week 4: Net Premium Reserves
Summary
Insurance reserves
What are they?
How do we calculate them?
Why are they important?
Net premium reserves
Prospective calculati

Life Insurance and Superannuation Models
Week 3: Net Premium Valuation
March 14, 2011
1 / 21
Week 3: Net Premium Valuation
Summary
Contract premiums
LI is bought by a life annuity of contract premiums
Provide for the benets, expenses associated with
initi

Multiple-choice Questions
1) Both the expectation hypothesis and liquidity premium hypothesis
A. provide an economic meaning to the forward rates implied by the yield curve
B. assume that market expectations of future interest rates are unbiased
C. provid

Life Insurance and Superannuation Models
Week 7: Prot Testing
April 9, 2011
1 / 29
Week 7: Prot Testing
Summary of Lecture
Introduction to prot testing
what is prot testing?
uses of prot testing
procedures for prot testing
Illustrations of prot testing
co

Session 5:
Duration
A. Duration is the weighted average time for investors to recover the cost of their
investment from the cash flows of the investment. The weight attached to each
cash flow is defined as the present value of the cash flow divided by the

Life Insurance and Superannuation Models
Week 6: Gross Premiums and Reserves
April 4, 2011
1 / 25
Week 6: Gross Premiums and Reserves
Summary of Lecture
Expense-loaded premiums
Gross premium calculations based on the equivalence
principles
Types of expens

Life Insurance and Superannuation Models
Week 5: Further Analysis of Reserves
March 26, 2011
1 / 17
Week 5: Further Analysis of Reserves
Summary of Lecture
Recursive calculation of reserves
Net premium reserves at successive durations
Equations of equilib

On Mon, 5 Apr 2004, the yield to maturity of the 6.25% Apr 2015 Commonwealth
government bond is 5.800% and the settlement price is $106.614. The quoted price is
Answer
$103.626
$106.477
$106.751
$109.602
You have an obligation to pay $148 in four years an

Life Insurance and Superannuation Models
Week 5: Further Analysis of Reserves
March 28, 2011
1 / 17
Week 5: Further Analysis of Reserves
Summary of Lecture
Recursive calculation of reserves
Net premium reserves at successive durations
Equations of equilib

Multiple Choice Questions
1. Trading activity by mutual funds just prior to quarterly reporting dates is known as
A) insider trading.
B) program trading.
C) passive security selection.
D) window dressing.
E) none of the above.
Answer: D Difficulty: Modera

Life Insurance and Superannuation Models
Week 2: Life Annuities (Single Life)
March 5, 2011
1 / 24
Week 2: Life Annuities (Single Life)
Summary
Life annuities:
Series of benets paid contingent upon survival of a given
life
Single life considered
Actuarial

Chapter 21 - Option Valuation
Chapter 21
Option Valuation
Multiple Choice Questions
1. Before expiration, the time value of an in the money call option is always
A. equal to zero.
B. positive.
C. negative.
D. equal to the stock price minus the exercise pr

Chapter
2
Workflow and Process Analysis
What You Will Find Out About in This Chapter
Understand the objectives and the role of process analysis
Recognise the differences between a functional and a processual view of
organisations
Use a process map to desc

Examples
Doug is 18 years old and buys an insurance policy that
pays $100 if he dies in the rst year, $200 if he dies in the
second year, $150 if he dies in the third year, and $200 if
he survives to the end of the three years. Payments are
made at the en

Australian School of Business
School of Actuarial Studies
ACTL3002 / ACTL5105
Life Insurance and Superannuation Models
COURSE OUTLINE
SEMESTER 1, 2011
2011
The University of New South Wales
Sydney 2052 Australia
The original material prepared for this gu