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STAT41050

Academic Year 2026/2027

Statistical Modelling for Act (STAT41050)

Subject:
Statistics & Actuarial Science
College:
Science
School:
Mathematics & Statistics
Level:
4 (Masters)
Credits:
5
Module Coordinator:
Assoc Professor Adrian O'Hagan
Trimester:
Autumn
Mode of Delivery:
On Campus
Internship Module:
No
How will I be graded?
Letter grades

Curricular information is subject to change.

Loss distributions. Reserving. Claims modelling. Copulas. Extreme Value Theory. Principal Components Analysis. Time series models.

About this Module

Learning Outcomes:

Loss distributions. Reserving. Claims modelling. Copulas. Extreme Value Theory. Principal Components Analysis. Time series models.

Indicative Module Content:

Loss distributions. Reserving. Claims modelling. Copulas. Extreme Value Theory. Principal Components Analysis. Time series models.

The United Nations identified seventeen Sustainable Development Goals (SDGs) as core to the 2030 Agenda for Sustainable Development, and UCD contributes in general to SDG 4 Quality Education. Further SDGs explored within this module if relevant are listed below. A scale of 1 - 5 indicates the extent to which the SDG is covered.


 

Student Effort Hours:
Student Effort Type Hours
Lectures

18
Tutorial

10
Computer Aided Lab

2
Autonomous Student Learning

84
Total

114

Approaches to Teaching and Learning:
Active task based learning in tutorials. Material covered in lectures in traditional slides and with code demos. Coding also done live in tutorials. Some blended support via lecture and tutorial material on video. Assignments with marked feedback as individual student exercises.

Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Not applicable to this module.
 

Assessment Strategy
Description Timing Component Scale Must Pass Component % of Final Grade Component repeat (in-module) Offered
Assignment(Including Essay): 4 equally weighted assignments using R and theory Week 4, Week 6, Week 8, Week 10 Other No
20
 No
Exam (In-person): Final exam End of trimester
Duration:
2 hr(s)
 Other No
53
 No
Exam (In-person): Time series exam Week 12 Other No
27
 No

As part of UCD's student support, under the Additional Consideration policy, extensions may be available for the following assessments in the module: Assignment (including essay/poster), Portfolio, Reflective Assignment, Report(s), and Individual Project.


Carry forward of passed components
Yes
 

Resit In Terminal Exam
Spring Yes - 2 Hour
Please see Student Jargon Buster for more information about remediation types and timing. 

Feedback Strategy/Strategies

• Feedback individually to students, post-assessment
• Group/class feedback, post-assessment

How will my Feedback be Delivered?

Marked assignments returned individually. Group feedback in tutorials

Name Role
Mr Damian Conway Lecturer / Co-Lecturer
Dr Uche Mbaka Lecturer / Co-Lecturer
Assoc Professor Adrian O'Hagan Lecturer / Co-Lecturer
Cillian Jennings Tutor

Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.
Autumn Tutorial Offering 1 Week(s) - Autumn: All Weeks Mon 10:00 - 10:50
Autumn Lecture Offering 1 Week(s) - Autumn: All Weeks Thurs 11:00 - 11:50
Autumn Lecture Offering 1 Week(s) - Autumn: All Weeks Thurs 14:00 - 14:50
Autumn Lecture Offering 1 Week(s) - Autumn: All Weeks Tues 14:00 - 14:50
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