Regression Modeling with Actuarial and Financial Applications (International Series on Actuarial Science)
$26.07
Description
Book Synopsis: Statistical techniques can be used to address new situations. This is important in a rapidly evolving risk management and financial world. Analysts with a strong statistical background understand that a large data set can represent a treasure trove of information to be mined and can yield a strong competitive advantage. This book provides budding actuaries and financial analysts with a foundation in multiple regression and time series. Readers will learn about these statistical techniques using data on the demand for insurance, lottery sales, foreign exchange rates, and other applications.
Although no specific knowledge of risk management or finance is presumed, the approach introduces applications in which statistical techniques can be used to analyze real data of interest. In addition to the fundamentals, this book describes several advanced statistical topics that are particularly relevant to actuarial and financial practice, including the analysis of longitudinal, two-part (frequency/severity), and fat-tailed data.
Datasets with detailed descriptions, sample statistical software scripts in "R" and "SAS," and tips on writing a statistical report, including sample projects, can be found on the book’s Web site: http://research.bus.wisc.edu/RegActuaries.
Details
Are you ready to gain a competitive advantage in the ever-changing world of risk management and finance? Look no further than the Regression Modeling with Actuarial and Financial Applications book. With a strong statistical background, you'll learn how to mine valuable information from large data sets and transform it into actionable insights. Whether you're a budding actuary or financial analyst, this book will provide you with a solid foundation in multiple regression and time series.
What sets this book apart is its practical approach to statistical techniques. Through real-life applications such as the demand for insurance, lottery sales, and foreign exchange rates, you'll discover how statistical methods can be used to analyze data of interest. And don't worry if you're new to risk management or finance – this book will guide you every step of the way.
But we don't stop at the fundamentals. Regression Modeling with Actuarial and Financial Applications covers advanced topics relevant to actuarial and financial practice. You'll explore the analysis of longitudinal, two-part (frequency/severity), and fat-tailed data. This comprehensive coverage ensures you're equipped with the knowledge and skills needed to excel in your field.
Ready to take your statistical expertise to the next level? Visit our website at http://research.bus.wisc.edu/RegActuaries for detailed datasets, sample statistical software scripts, and tips on writing a statistical report. Realize the power of regression modeling and unlock endless possibilities in your career.
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