Actuarial Methods II
1. [M Fall 2006 #3] For a fully discrete whole life insurance of 1000 on
(50), you are given:
(i) 1000P50 = 25
(ii) 1000A61 = 440
(iii) 1000q60 = 20
(iv) i = 0.06
Calculate the benet reserve at
EXAMPLES OF TIME SERIES
Sequential data over time have played a role in various
different areas where records are kept over time.
These can be analyzed via time series models.
Let us consider some examples.
Australian red wine sales (in k
Stationary Processes (Chapter 2)
cfw_Xt stationary time series
Mean: m = E Xt for all t.
ACVF: g(h) = cov(Xt+h, Xt), h=0, +1, . . .
g ( h)
ACF: r(h) = g ( 0)
DEFINITION. cfw_Xt is a Gaussian time series if
all of it