Financial and Actuarial Statistics

金融和精算统计:导论,*版

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出  版 社
出版时间
2020年06月30日
装      帧
平装
ISBN
9780367576264
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页      码
432
开      本
234 x 156 mm (6.14 x 9.21
语      种
英文
版      次
2nd ed.
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图书简介
Understand Up-to-Date Statistical Techniques for Financial and Actuarial ApplicationsSince the first edition was published, statistical techniques, such as reliability measurement, simulation, regression, and Markov chain modeling, have become more prominent in the financial and actuarial industries. Consequently, practitioners and students must acquire strong mathematical and statistical backgrounds in order to have successful careers.Financial and Actuarial Statistics: An Introduction, Second Edition enables readers to obtain the necessary mathematical and statistical background. It also advances the application and theory of statistics in modern financial and actuarial modeling. Like its predecessor, this second edition considers financial and actuarial modeling from a statistical point of view while adding a substantial amount of new material.New to the Second EditionNomenclature and notations standard to the actuarial fieldExcel exercises with solutions, which demonstrate how to use Excel functions for statistical and actuarial computationsProblems dealing with standard probability and statistics theory, along with detailed equation links A chapter on Markov chains and actuarial applications Expanded discussions of simulation techniques and applications, such as investment pricing Sections on the maximum likelihood approach to parameter estimation as well as asymptotic applications Discussions of diagnostic procedures for nonnegative random variables and Pareto, lognormal, Weibull, and left truncated distributionsExpanded material on surplus models and ruin computations Discussions of nonparametric prediction intervals, option pricing diagnostics, variance of the loss func
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