Financial and Actuarial Statistics: An Introduction, Second Edition

Financial and Actuarial Statistics: An Introduction, Second Edition

Financial and Actuarial Statistics: An Introduction, Second Edition

Financial and Actuarial Statistics: An Introduction, Second Edition

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Overview

This supplementary text for beginning actuarial science students as well as experienced financial investigators approaches both financial and actuarial modeling from a statistical point of view. It provides an introduction to investment pricing models, discrete and continuous insurance and annuity models, and pension plan models, along with associated statistical techniques such as risk estimation and percentile estimation. Advanced topics include single decrement modeling and resampling techniques. Borowiak teaches statistics at the U. of Akron, Ohio. Annotation ©2003 Book News, Inc., Portland, OR

Product Details

ISBN-13: 9780203911242
Publisher: CRC Press
Publication date: 11/12/2013
Sold by: Barnes & Noble
Format: eBook
Pages: 392
File size: 8 MB

About the Author

Dale S. Borowiak is a Professor Emeritus at the University of Akron, where he served for 35 years teaching statistics and initiating the actuarial science program. He received a Ph.D. from Bowling Green State University. His research has been published in professional journals in the fields of statistics, actuarial science, and engineering. He also published Model Discrimination for Nonlinear Regression Models, along with the first edition of the current text.

Arnold F. Shapiro is a Professor Emeritus at the Pennsylvania State University, where he was director of the actuarial program. He received a Ph. D. from the University of Pennsylvania (Wharton). He has published more than 100 articles in professional journals and two books. A Fellow of the Society of Actuaries and an Enrolled Actuary, he been a recipient of the Innovation in Teaching Award from the American Risk and Insurance Association and the Best Research Paper Award from the Health Section of the Society of Actuaries.

Table of Contents

Statistical Concepts. Statistical Techniques. Financial Computational Models. Deterministic Status Models. Future Lifetime Models and Life Tables. Stochastic Status Models. Advanced Stochastic Status Models. Markov Chain Methods. Scenario and Simulation Testing. Further Statistical Considerations. Appendices. References. Index.

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