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Predictive Modeling Applications in Actuarial Science: Volume 2, Case Studies in Insurance (International Series on Actuarial Science)

Amazon.com Price: $89.48 (as of 12/05/2019 17:00 PST- Details)

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

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Predictive modeling uses data to forecast future events. It exploits relationships between explanatory variables and the anticipated variables from past occurrences to predict future outcomes. Forecasting financial events is a core skill that actuaries automatically apply in insurance and other risk-management applications. 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 to achieve a competitive advantage in situations with complex data. Volume 2 examines applications of predictive modeling. Where Volume 1 developed the principles of predictive modeling, Volume 2 explores practical uses for techniques, specializing in property and casualty insurance. Readers are exposed to numerous techniques in concrete, real-life contexts that demonstrate their value and the whole value of predictive modeling, for seasoned practicing analysts in addition to the ones just starting out.

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Predictive Modeling Applications in Actuarial Science: Volume 2, Case Studies in Insurance (International Series on Actuarial Science)

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