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Statistical Methods with Applications to Demography and Life Insurance (Hardcover)
Loot Price: R2,824
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Statistical Methods with Applications to Demography and Life Insurance (Hardcover)
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Suitable for statisticians, mathematicians, actuaries, and students
interested in the problems of insurance and analysis of lifetimes,
Statistical Methods with Applications to Demography and Life
Insurance presents contemporary statistical techniques for
analyzing life distributions and life insurance problems. It not
only contains traditional material but also incorporates new
problems and techniques not discussed in existing actuarial
literature. The book mainly focuses on the analysis of an
individual life and describes statistical methods based on
empirical and related processes. Coverage ranges from analyzing the
tails of distributions of lifetimes to modeling population dynamics
with migrations. To help readers understand the technical points,
the text covers topics such as the Stieltjes, Wiener, and Ito
integrals. It also introduces other themes of interest in
demography, including mixtures of distributions, analysis of
longevity and extreme value theory, and the age structure of a
population. In addition, the author discusses net premiums for
various insurance policies. Mathematical statements are carefully
and clearly formulated and proved while avoiding excessive
technicalities as much as possible. The book illustrates how these
statements help solve numerous statistical problems. It also
includes more than 70 exercises.
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