{"product_id":"predictive-modeling-applications-in-actuarial-science-9781107029880","title":"Predictive Modeling Applications in Actuarial Science","description":"\u003cp\u003e • Author(s): Edward W. Frees | Glenn Meyers | Richard A. Derrig\u003cbr\u003e • Publisher: Cambridge University Press\u003cbr\u003e • Publisher Imprint: Cambridge University Press\u003cbr\u003e • BISAC: Insurance - Risk Assessment \u0026amp; Management\u003c\/p\u003e\u003cp\u003ePredictive 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.\u003c\/p\u003e","brand":"Atlantic Books","offers":[{"title":"Hardcover","offer_id":46497117962391,"sku":"9781107029880","price":11681.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9781107029880.webp?v=1769179528","url":"https:\/\/atlanticbooks.com\/products\/predictive-modeling-applications-in-actuarial-science-9781107029880","provider":"Atlantic Books","version":"1.0","type":"link"}