MECE 103 Solved Assignment 2022-23
ACTUARIAL ECONOMICS: THEORY AND PRACTICE
MECE 103 Solved Assignment 2022-23 : All assignments are in PDF format which would be send on email/WhatsApp (9958676204) just after payment.
Course Code: MECE 103
Assignment Code: MECE 103/AST/2022-23
Maximum Marks: 100
Note:
Answer all the questions.
SECTION A
Answer
the following questions in about 700 words each. The word limits do not apply
in case of numerical questions. Each question carries 20 marks.
1) Apply
Chebychev’s inequality to: (i) arrive at ‘Chebychev’s bounds’ for the sum of
‘n’ Bernoulli variables; and (ii) state the Law of Large Numbers (LLN) in
general.
2)
Specify the features of ‘parametric survival models’. Describe the extended
versions of ‘parametric survival models’.
SECTION B
Answer
the following questions in about 400 words each. Each question carries 12
marks.
3)
Outline the properties of an ‘accumulation function’ with illustrations.
4)
Describe the concepts of ‘hazard function’ and ‘cumulative hazard function’.
5) Show
that the probability of a life alive at age ‘x’ dying before the age ‘x + 1’ is
the ‘weighted average of the force of mortality’.
6)
Discuss the concept of ‘benefit reserves’ with equations for different type of
insurance policies.
7)
Discuss the distribution of ‘excess beyond a threshold’.
MECE 103 Solved
Assignment 2022-23 : All assignments are in PDF format which would be send
on email/WhatsApp (9958676204) just after payment.
MECE 103 Solved Assignment 2022-23, MECE 103
Solved Assignment 2022-23, MECE 103 Solved Assignment 2022-23, MECE
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MECE 103 Solved
Assignment 2022-23 :- Those students who had successfully submitted their
Assignments to their allocated study centers can now check their Assignment
Status. Alongside --assignment status, they will also checkout their assignment
marks & result. All this is often available in a web mode. After submitting
the assignment, you'll check you MECE 103 Solved Assignment 2022-23 only after
3-4 weeks. MECE 103 Solved Assignment 2022-23 it'd take 40 days to declare MECE
103 Solved Assignment 2022-23
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