Tuesday, August 23, 2016

Simulation of a health insurance product

This is a different file because the file being created in the class became huge in size (approx 200MB).

You can download and try understanding the concepts. Any doubt or question can be put by commenting this post.

File can be downloaded from
https://drive.google.com/file/d/0B6PHuk6I5Sxbb0dwSDVxRk9abVE/view?usp=sharing

Tuesday, December 15, 2015

Simulation file

The file can be downloaded from https://drive.google.com/file/d/0B6PHuk6I5SxbZmlEYXczUWVydnM/view?usp=sharing.

What will be the accumulated amount in an investment of Rs. 50000 after 10 years if the interest rate varies normally with mean 7% pa and variance 5% pa? This files makes 500 simulation runs and finds the probability of getting more than Rs. 100000 at the end.