Table of Content
Part A (1) - The Basic Of Insurance
Chapter 1 : Introduction to Insurance
Chapter 2 : Nature of Risk and Risk Management
Chapter 3 : The Basic Principles of Insurance
And An Introduction to Takaful
Chapter 4 : The Insurance Market
Chapter
BBEC102
Macroeconomics
GROUP ASSIGNMENT
Key Macroeconomics Indicators for United States
Date
13 November 2015
th
Student Name
Lim Chun Yong
Loh Mei Wei
Hew Yun Qi
Tan Jin Yong
1
KDU ID
0104908
0102505
0102813
0114476
TABLE OF CONTENT
1.0
Introduction.
3
2
Advantages of Sawit Bhds economy system:
They own palm oil operations in 2 places; Malaysia and Indonesia. If one place is hit by a drought or
has infertile soil, they can depend on another to supply them with their products. If both of the
operations do
Economi
cs
Coursework 1
2016
Name: Tee Wei Zhong,
Ho Jien Min, Kevin Tan
and Daniel Ngew
Teacher: Mr. Lim
Content
1) Introduction
2) Sawit Bhd:
- Brief introduction on Sawit Bhd- By Wei Zhong
- How scarcity drives up the price of palm oil- By Kevin
- Dema
Malaysia has a mixed economy system, which is a mix of the centrally planned economy system
combined with the free market economy system. This includes free enterprise and government
control or some form of intervention by the government. The resources ar
Internal Business Environment
The internal environment assessment and analysis is conducted after the external environment analysis. While the
external environment analysis seeks to identify opportunities and threats in the external environment, the inter
1)
MAIs proposal directly gives Steve the conditional probabilities he needs (e.g., probability of a
successful venture given a favorable survey). Although the information from Iverstine and Kinard
(I&K) is different, we can easily use Bayes
theorem to on
Lecture Notes
Microeconomic Theory
Guoqiang TIAN
Department of Economics
Texas A&M University
College Station, Texas 77843
([email protected])
January, 2004
Contents
1 Overview of Economics
1.1
1
Modern Economics and Economic Theory . . . . . . . . . . . . .
MACROECONOMICS AND THE GOALS OF MACRECONOMIC POLICY
During much of the 1970s, the economy [PD - the USA, same is true for
Australia] experienced high rates of unemployment and inflation. These
economic problems are not new. Our economy is periodically bes
HOW BIG IS THE UNDERGROUND ECONOMY?
The factors that determine its size
Estimates for the size of the underground economy vary enormously from country
to country. Clearly it is impossible to get precise estimates because, by their very
nature, the details
THE DISTINCTION BETWEEN REAL AND NOMINAL VALUES
Which would you rather have: (a) a pay rise of 5 per cent when inflation is 2 per
cent, or (b) a pay rise of 10 per cent when inflation is 9 per cent? Which debt
would you rather have: (a) one where the inte
Tax Amendments
2010
1.2. Individual Income Tax
In what can be seen as a bid to attract high-income earners, the top rate for resident
individual income tax rate has been dropped from 27% to 26%, for the year of assessment
(YA) 2010. This change will affec
Input
Validation
Introduction
The main uses of data for an actuary are:
Setting premiums and/or contribution rates
Calculating reserves required to meet future liabilities
Preparing statutory returns to demonstrate solvency
Assisting with risk management
UECM2263: Applied Statistical Modeling Test 1
Question 1
(a) As someone who has Statistics background, how are you going to analyse the above given
data? List down as many techniques/steps as possible.
Solution:
Whenever possible, we try to express, or ap
UCCM2263/ UECM2263 Applied Statistical Models Test 2
Question 1
Solution:
(b)
(c)
Yes
No
X
X log10 X
160
(a)
or
120
60
80
100
y
140
X X
5
10
15
20
25
x
Yes
No
No
No
Y
60
80
100
120
y
140
160
180
200
Yes
5
10
15
20
25
x
or
Y Y
60
80
100
120
y
160
1
Y
140
1
UECM2263 Tutorial 5 Solutions to Selected Questions
Q1
Time plot
500
450
Sales
Yt
mean
400
MA(3)
MA(5)
350
300
1
(d)
2
3
4
5
6
7
Time
8
9
10 11
From the time plot, there is no trend and no seasonal factor.
Q2
Time plot
3000
Sales
2500
2000
1500
1000
500
1
UECM 2263 Applied Statistical Models
March 31, 2014
Group Project
Due Date: 31 March, 2014 (Monday, Week 12) by 4.00 pm
Remarks:
This project must be submitted by the due date. Late submission will result in mark reduction.
There must be at least 5 and no
2
UECM2263 APPLIED STATISTICAL MODELS
Formula Sheet:
di
ri
(1 )100% prediction interval computed in time
period t for Ft 1
ei
MS E
( Lt bt ) z / 2 MS E
ei
MS E 1 hii
Var ei
(1 )100% prediction interval computed in time
period t for Ft 2
2
1 hii
( Lt 2
Formula Sheet:
(1 )100% confidence interval for j
j t / 2; n k 1 se( j )
n
n n
n xi yi xi yi
i 1 i 1
1 i 1
2
n 2 n
n xi xi
i 1 i 1
r
t
t
F
S XY
S XX S YY
1 1
MS E
n xi y i xi y i
n xi2 xi
2
n y i2 y i
~ t ( n 2)
S XX
0 0
1 x2
MS E
n S
XX
Exam MFE/3F
Sample Questions and Solutions
#1 to #76
In this version, standard normal distribution values are obtained by using the
Cumulative Normal Distribution Calculator and Inverse CDF Calculator provided in
http:/www.prometric.com/SOA/MFE3F_calculat
Chapter 14 & 22
Exotic Options
Exotic Options
Nonstandard options
Exotic options solve particular business
problems that an ordinary option cannot
They are constructed by tweaking ordinary
options in minor ways
Some of the
dependent.
exotic
options
ar
Chapter 1 to 3
Chapter 9
Revision on
Financial Derivatives
&
Properties of
Options Prices
What are financial derivatives? What are
their roles in finance?
Give examples of derivatives and draw
their profit diagrams.
Name some financial derivatives that