Free MECE 103 Solved Assignment English Medium 2022-23 for July 2022 and January 2023 Session, All IGNOU Assignments (Programme Wise) · Master's Degree Programmes · Bachelor's Degree Programmmes · P.G. Diplomaa Programmes · Diploma Programmes · Certificate Programmes. IGNOU Assignment 2022-23 (UPDATED) Get Here. IGNOU Assignment Status 2022-23, Marks, Grade Card, Practical Submission
M.E.C.E – 103
ACTUARIAL ECONOMICS: THEORY AND PRACTICE MECE 103 Solved Assignment 2022-23
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Assignment I
Answer the following questions in about 700 words
each.
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’.
Assignment - II
Answer the following questions in about 400 words
each.
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’.
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MECE 103 Solved Assignment English Medium 2022-23 The Indira Gandhi National
Open University has updated the IGNOU Assignment Status
2022-23 December Session so that students can know if their submission is
completed or not. Now if you have also submitted your Assignment/Practical/Project
till 15 December 2022 then you must be worried about the Assignment Status and
Grade Card. So we decided to come up with https://ignouadmission.samarth.edu.in/
Assignment
2022-23.