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Loss Models: From Data to Decisions - Solution Manual - 3rd edition

Loss Models: From Data to Decisions - Solution Manual (ISBN10: 0470385715; ISBN13: 9780470385715)
ISBN13: 978-0470385715
ISBN10: 0470385715

Summary: This new edition has been thoroughly revised and updated to include new material related to Exam C (old Exam 4) of the Society of Actuaries' accreditation program. Terms are defined when they are first introduced, and a solid background in mathematical sciences (including calculus) is recommended. Companion software, datasets, and over 400 sample test exercises, with worked-out solutions, are available in various online products. The content of the book is organized around the princi
ple that actuaries build models in order to analyze risks. It begins with a framework for model building and a description of frequency and severity loss data and moves forward with a thorough emphasis onparamtric models throughout the book. Frequency, severity, and risk models are extensively developed through aggregate loss models, in credibility-based pricing models, and in loss analysis over multiple time periods. This book is a must-have for all aspiring and practicing actuaries.
...show more
Summary: This new edition has been thoroughly revised and updated to include new material related to Exam C (old Exam 4) of the Society of Actuaries' accreditation program. Terms are defined when they are first introduced, and a solid background in mathematical sciences (including calculus) is recommended. Companion software, datasets, and over 400 sample test exercises, with worked-out solutions, are available in various online products. The content of the book is organized around the principle that actuaries build models in order to analyze risks. It begins with a framework for model building and a description of frequency and severity loss data and moves forward with a thorough emphasis onparamtric models throughout the book. Frequency, severity, and risk models are extensively developed through aggregate loss models, in credibility-based pricing models, and in loss analysis over multiple time periods. This book is a must-have for all aspiring and practicing actuaries. ...show less

Edition/Copyright: 3RD 08
Cover:
Publisher: John Wiley & Sons, Inc.
Year Published: 2008
International: No



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