Akt is an easy to understand and powerful application for actuarial science students. With Akt, you can practice, verify your answers and enhance your study pace. It incorporates popular notation and terminology. You can also store you results to memory. Whether you are a beginner or a more advanced student, this application will assist you in pursuing your university education and SOA/CAS examination process.
Akt provides the following topics and functions:
▸Compute statistics including the expected value of loss with limit or franchise deductible, the tail-value-at-risk and much more. Akt applies the same parametric notation as the SOA and CAS notation. The included distributions are:
Continuous distributions :
Continuous and discrete distributions.
-Convert interest rates
-Basic, continuous and varying annuities.
-Binomial tree for options
-Actuarial statistics for continuous distributions. Akt incorporates most of the functions of the tables for exam C/4.
-(a,b,0) class of distribution
-Smoothed empirical percentile.