Predictive Modeling Applications in Actuarial Science
Volume 1: Predictive Modeling Techniques
By Cambridge University Press | Publisher: Cambridge University Press
About the book
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 developing their expertise in statistics and wish to become familiar with concrete examples of predictive modeling. The book also addresses the needs of more seasoned practising analysts who would like an overview of advanced statistical topics that are particularly relevant in actuarial practice. Predictive Modeling Applications in Actuarial Science emphasizes lifelong learning by developing tools in an insurance context, providing the relevant actuarial applications, and introducing advanced statistical techniques that can be used by analysts to gain a competitive advantage in situations with complex data.
Editions of Predictive Modeling Applications in Actuarial Science
- Hardcover
- ISBN 9781107029873
Read an Excerpt
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 developing their expertise in statistics and wish to become familiar with concrete examples of predictive modeling. The book also addresses the needs of more seasoned practising analysts who would like an overview of advanced statistical topics that are particularly relevant in actuarial practice. Predictive Modeling Applications in Actuarial Science emphasizes lifelong learning by developing tools in an insurance context, providing the relevant actuarial applications, and introducing advanced statistical techniques that can be used by analysts to gain a competitive advantage in situations with complex data.
Frequently Asked Questions
What is Predictive Modeling Applications in Actuarial Science about?
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 developing their expertise in statistics and wish to become familiar with concrete examples of predictive modeling. The book also addresses the needs of more seasoned practising analysts who would like an overview of advanced statistical topics that are particularly relevant in actuarial practice. Predictive Modeling Applications in Actuarial Science emphasizes lifelong learning by developing tools in an insurance context, providing the relevant actuarial applications, and introducing advanced statistical techniques that can be used by analysts to gain a competitive advantage in situations with complex data.
What core themes, tropes, or subjects are explored in Predictive Modeling Applications in Actuarial Science?
Economics, Finance, Business and Management > Finance and accounting > Finance and the finance industry > Insurance and actuarial studies
Where can I read a sample of Predictive Modeling Applications in Actuarial Science?
You can read an official preview of the few pages here https://www.book2look.com/book/9781107029873
Is Predictive Modeling Applications in Actuarial Science part of a series, and can it be read as a standalone?
Yes it is a part of series International Series on Actuarial Science
Who is/are the Author/s of the book Predictive Modeling Applications in Actuarial Science?
Cambridge University Press
What are the ISBN numbers for the physical and digital editions?
Predictive Modeling Applications in Actuarial Science is available as hardcover(ISBN 9781107029873)