Statistical and Probabilistic Methods in Actuarial Science

Description

This book is meant to serve as a textbook for students seeking careers in insurance, actuarial science, or finance. ... The author provides a variety of worked examples in each chapter to illustrate the main ideas, with an emphasis on those of more numerical and practical nature. Although good references for further reading are provided, basic knowledge in probability and statistics is required. This book will also serve as a nice reference for an insurance analyst.-Technometrics, February 2009, Vol. 51, No. 1... There are not many other books that cover actuarial topics based on statistical metho. Read more... Abstract: This book is meant to serve as a textbook for students seeking careers in insurance, actuarial science, or finance. ... The author provides a variety of worked examples in each chapter to illustrate the main ideas, with an emphasis on those of more numerical and practical nature. Although good references for further reading are provided, basic knowledge in probability and statistics is required. This book will also serve as a nice reference for an insurance analyst.-Technometrics, February 2009, Vol. 51, No. 1... There are not many other books that cover actuarial topics based on statistical metho