NMAK17005U Machine Learning Methods in Non-Life Insurance
MSc Programme in Actuarial Mathematics
Basic theory of penalized linear regression, additive models, generalized additive models, some machine learning regression methods, Cox regression and regression trees.
Knowledge:
- Standard penalized methods such as ridge regression and the lasso
- Know splines, additive and generalized additive models.
Skills:
- Some machine learning regression methods such as projection pursuit regression, neural networks, MARS and boosting.
- Know the basics of Cox regression
- Know about different regression tree models such as CART, random forest and how to boos a regression tree.
Competences:
- Know how to use R to solve practical problems
See Absalon for a list of course literature.
- Category
- Hours
- Exam
- 1
- Lectures
- 28
- Preparation
- 135
- Project work
- 42
- Total
- 206
As
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- Credit
- 7,5 ECTS
- Type of assessment
- Oral examination, 30 minutes under invigilationHalf time used to present a randomly chosen topic from a list of questions available before the exam. There will be no preparation time.
- Exam registration requirements
Two mandatory assignments must be approved and valid before the student is allowed attending the exam.
- Aid
- Without aids
- Marking scale
- 7-point grading scale
- Censorship form
- External censorship
One external examiner.
- Re-exam
Same as ordinary exam. If the the two mandatory homework assignments were not approved before the ordinary exam they must be handed in at the latest two weeks before the beginning of the re-exam week. They must be approved before the re-exam.
Criteria for exam assesment
The student must in a satisfactory way demonstrate that he/she has mastered the learning outcome of the course.
Course information
- Language
- English
- Course code
- NMAK17005U
- Credit
- 7,5 ECTS
- Level
- Full Degree Master
- Duration
- 1 block
- Placement
- Block 3
- Schedule
- C
- Course capacity
- No limit.
- Continuing and further education
- Study board
- Study Board of Mathematics and Computer Science
Contracting department
- Department of Mathematical Sciences
Course Coordinators
- Jostein Paulsen (7-71767a7b6c70754774687b6f35727c356b72)