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- W4383333788 abstract "Actuaries must pass exams, but more than that: they must put knowledge into practice. This coherent book supports the Society of Actuaries' short-term actuarial mathematics syllabus while emphasizing the concepts and practical application of nonlife actuarial models. A class-tested textbook for undergraduate courses in actuarial science, it is also ideal for those approaching their professional exams. Key topics covered include loss modelling, risk and ruin theory, credibility theory and applications, and empirical implementation of loss models. Revised and updated to reflect curriculum changes, this second edition includes two brand new chapters on loss reserving and ratemaking. R replaces Excel as the computation tool used throughout – the featured R code is available on the book's webpage, as are lecture slides. Numerous examples and exercises are provided, with many questions adapted from past Society of Actuaries exams." @default.
- W4383333788 created "2023-07-07" @default.
- W4383333788 date "2023-05-25" @default.
- W4383333788 modified "2023-09-23" @default.
- W4383333788 title "Basic Monte Carlo Methods" @default.
- W4383333788 doi "https://doi.org/10.1017/9781009315067.014" @default.
- W4383333788 hasPublicationYear "2023" @default.
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