Module Directory

 

Module Description

 
 
Module Name
Module Code
Lecture Hrs
Practical Hrs
Credits
Bayesian Inference and Credibility Theory
STAT3019Y(5)
3
0
6

Description
Bayes theorem, Use of prior information, Model based Bayesian Inference, Posterior Distributions, Point Estimation, Highest Posterior Density and Central Posterior Density, Decision theory and loss functions , Predicative Inference, Credibility theory and the use of collateral data in estimation, The empirical Bayes credibility approach, Run off Triangles, The Basic chain ladder method and more advanced methods for calculating outstanding claims provisions in general insurance
Faculty Department
FACULTY OF SOCIAL SCIENCES AND HUMANITIES Department of Economics and Statistics
Contact Details
Administrative assistant: DILMAHOMED BOCUS Bibi Swaleha
Telephone: 4037400
Email: s.dilmahomed@uom.ac.mu
 

 


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