Dr.Sc. in applied mathematics.

Base Catalog of courses and projects available to all portals (free of charge)

Skills Network Catalog

<div class="trix-content">
  <div>In this hands-on project, you will learn about the Monte Carlo method and calculate the ruin probability of an insurance company using Apache Spark by means of the parallel Monte Carlo method.<br /><br /><br />
</div><h1><strong> Learning Objectives</strong></h1><div>1.  After completing this lab you will be able to:</div><ul>
<li>Understand and apply Monte Carlo method.</li>
<li>Get a basic idea about the accuracy of the method</li>
<li>Calculate the "Pi" number by means of the method</li>
<li>Parallelize the method using Apache Spark</li>
</ul><div>2.  Understand the Ruin probability of an insurance company<br />3.  Calculate the Ruin probability using Monte Carlo method.</div>
</div>


Insurance Risk assessment w/Monte Carlo method using Spark

Learn about the Monte Carlo method and calculate the ruin probability of an insurance company using Apache Spark.

Insurance Risk assessment w/Monte Carlo method using Spark

Language

Topic

Industries

Enrollment Count

Skills You Will Learn

Offered By

Platform

Last Update

Learning Objectives