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Predictive Modeling Applications in Actuarial Science: Volume 1, Predictive Modeling Techniques (International Series on Actuarial Science)

Amazon.com Price: $59.04 (as of 12/05/2019 17:46 PST- Details)

Categories: Applied, Books, Business, Business and Finance, Business and Money, Education and Reference, Insurance, Mathematics, New, Used and Rental Textbooks, Science and Math, Specialty Boutique, Statistics, Subjects

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Predictive modeling involves the usage of data to forecast future events. It depends upon capturing relationships between explanatory variables and the predicted variables from past occurrences and exploiting this to predict future outcomes. Forecasting future financial events is a core actuarial skill – actuaries mechanically apply predictive-modeling techniques in insurance and other risk-management applications. This book is for actuaries and other financial analysts who’re developing their expertise in statistics and need to develop into accustomed to concrete examples of predictive modeling. The book also addresses the needs of more seasoned practicing analysts who would love an overview of advanced statistical topics which can be particularly relevant in actuarial practice. Predictive Modeling Applications in Actuarial Science emphasizes life-long learning by developing tools in an insurance context, providing the relevant actuarial applications, and introducing advanced statistical techniques that can be utilized by analysts to gain a competitive advantage in situations with complex data.

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Predictive Modeling Applications in Actuarial Science: Volume 1, Predictive Modeling Techniques (International Series on Actuarial Science)

Description

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