Bayesian Statistics in Actuarial Science

Released on by Stuart A. Klugman
preview-18

  • Bayesian Statistics in Actuarial Science Book Detail

  • Author : Stuart A. Klugman
  • Release Date : 2013-04-17
  • Publisher : Springer Science & Business Media
  • Genre : Business & Economics
  • Pages : 242
  • ISBN 13 : 9401708452
  • File Size : 21,21 MB
DOWNLOAD BOOK

Bayesian Statistics in Actuarial Science by Stuart A. Klugman PDF Summary

Book Description: The debate between the proponents of "classical" and "Bayesian" statistica} methods continues unabated. It is not the purpose of the text to resolve those issues but rather to demonstrate that within the realm of actuarial science there are a number of problems that are particularly suited for Bayesian analysis. This has been apparent to actuaries for a long time, but the lack of adequate computing power and appropriate algorithms had led to the use of various approximations. The two greatest advantages to the actuary of the Bayesian approach are that the method is independent of the model and that interval estimates are as easy to obtain as point estimates. The former attribute means that once one learns how to analyze one problem, the solution to similar, but more complex, problems will be no more difficult. The second one takes on added significance as the actuary of today is expected to provide evidence concerning the quality of any estimates. While the examples are all actuarial in nature, the methods discussed are applicable to any structured estimation problem. In particular, statisticians will recognize that the basic credibility problem has the same setting as the random effects model from analysis of variance.

Disclaimer: www.yourbookbest.com does not own Bayesian Statistics in Actuarial Science books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Bayesian Statistics in Actuarial Science

Bayesian Statistics in Actuarial Science

File Size : 24,24 MB
Total View : 5891 Views
DOWNLOAD

The debate between the proponents of "classical" and "Bayesian" statistica} methods continues unabated. It is not the purpose of the text to resolve those issue

Applied Bayesian Statistics

Applied Bayesian Statistics

File Size : 95,95 MB
Total View : 5935 Views
DOWNLOAD

This book is based on over a dozen years teaching a Bayesian Statistics course. The material presented here has been used by students of different levels and di

Probability and Statistics for Actuaries

Probability and Statistics for Actuaries

File Size : 57,57 MB
Total View : 7044 Views
DOWNLOAD

Probability and Statistics for Actuaries provides students with a structured and detailed explanation of the probabilistic and statistical aspects of actuarial

Bayesian Modeling Using WinBUGS

Bayesian Modeling Using WinBUGS

File Size : 67,67 MB
Total View : 6813 Views
DOWNLOAD

A hands-on introduction to the principles of Bayesian modeling using WinBUGS Bayesian Modeling Using WinBUGS provides an easily accessible introduction to the u