Description: Loss Models : From Data to Decisions, Hardcover by Klugman, Stuart A.; Panjer, Harry H.; Willmot, Gordon E., ISBN 1119523788, ISBN-13 9781119523789, Brand New, Free P&P in the UK
A guide that provides in-depth coverage of modeling techniques used throughout many branches of actuarial science, revised and updated
Now in its fifth edition, Loss Models: From Data to Decisions puts the focus on material tested in the Society of Actuaries (SOA) newly revised Exams STAM (Short-Term Actuarial Mathematics) and LTAM (Long-Term Actuarial Mathematics). Updated to reflect these exam changes, this vital resource offers actuaries, and those aspiring to the profession, a practical approach to the concepts and techniques needed to succeed in the profession. The techniques are also valuable for anyone who uses loss data to build models for assessing risks of any kind.
Loss Models contains a wealth of examples that highlight the real-world applications of the concepts presented, and puts the emphasis on calculations and spreadsheet implementation. With a focus on the loss process, th reviews the essential quantitative techniques such as random variables, basic distributional quantities, and the recursive method, and discusses techniques for classifying and creating distributions. Parametric, non-parametric, and Bayesian estimation methods are thoroughly covered. In addition, the authors offer practical advice for choosing an appropriate model. This important text:
• Presents a revised and updated edition of the classic guide for actuaries that aligns with newly introduced Exams STAM and LTAM
• Contains a wealth of exercises taken from previous exams
• Includes fresh and additional content related to the material required by the Society of Actuaries (SOA) and the Canadian Institute of Actuaries (CIA)
• Offers a solutions manual available for further insight, and all the data sets and supplemental material are posted on a companion site
Written for students and aspiring actuaries who are preparing to take the SOA examinations, Loss Models offers an essential guide to the concepts and techniques of actuarial science.
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Location: Castle Donington
End Time: 2024-11-08T08:43:18.000Z
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Book Title: Loss Models : From Data to Decisions
Item Height: 262 mm
Item Width: 178 mm
Series: Wiley Series in Probability and Statistics
Author: Harry H. Panjer, Gordon E. Willmot, Stuart A. Klugman
Publication Name: Loss Models: from Data to Decisions
Format: Hardcover
Language: English
Publisher: John Wiley & Sons AND Sons LTD
Subject: Mathematics
Publication Year: 2019
Type: Textbook
Item Weight: 860 g
Number of Pages: 560 Pages
