[PDF.80ss] Predictive Modeling Applications in Actuarial Science: Volume 1, Predictive Modeling Techniques (International Series on Actuarial Science)
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Predictive Modeling Applications in Actuarial Science: Volume 1, Predictive Modeling Techniques (International Series on Actuarial Science)
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| #1329559 in eBooks | 2014-07-28 | 2014-09-03 | File type: PDF||1 of 1 people found the following review helpful.| A useful practitioner's reference not limited to insurance|By Daniel C|This book has a wealth of information and, in general, is written with enough of both mathematical rigor and practical worked examples. Being a collection of almost independently written chapters, its exposition style not always internally consistent, however, if you are willing to overlook that and are will||"With contributions coming from a wide variety of researchers, professors, and actuaries - including several CAS Fellows - it's clear that this book will be valuable for any P and C actuary whose main concern is using predictive modeling in his or her own work
Predictive modeling involves the use of data to forecast future events. It relies on 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 routinely apply predictive-modeling techniques in insurance and other risk-management applications. This book is for actuaries and other financial analysts who are ...
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