TY  - BOOK
AU  - Frees,Edward W.
AU  - Meyers,Glenn
AU  - Derrig,Richard A.
TI  - Predictive modeling applications in actuarial science
T2  - International series on actuarial science
SN  - 9781139342681 (ebook)
AV  - HG8781 .P74 2016
U1  - 368/.01 23
PY  - 2016///
CY  - New York
PB  - Cambridge University Press
KW  - Actuarial science
KW  - Insurance
KW  - Mathematical models
KW  - Forecasting
N1  - Title from publisher's bibliographic system (viewed on 08 Aug 2016)
N2  - Predictive modeling uses data to forecast future events. It exploits relationships between explanatory variables and the predicted variables from past occurrences to predict future outcomes. Forecasting financial events is a core skill that actuaries routinely apply in insurance and other risk-management applications. Predictive Modeling Applications in Actuarial Science emphasizes life-long learning by developing tools in an insurance context, providing the relevant actuarial applications, and introducing advanced statistical techniques that can be used to gain a competitive advantage in situations with complex data. Volume 2 examines applications of predictive modeling. Where Volume 1 developed the foundations of predictive modeling, Volume 2 explores practical uses for techniques, focusing on property and casualty insurance. Readers are exposed to a variety of techniques in concrete, real-life contexts that demonstrate their value and the overall value of predictive modeling, for seasoned practicing analysts as well as those just starting out
UR  - https://doi.org/10.1017/CBO9781139342681
ER  -