Financial and Actuarial Statistics: An Introduction, Second Edition

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  • Edition: 2nd
  • Format: Hardcover
  • Copyright: 11/12/2013
  • Publisher: Chapman & Hall/
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Presenting a unique interface between statistics and financial/actuarial topics, this second edition provides a solid background for students preparing for a career in actuarial science. It explores novel research areas and adds more problems, along with a new solutions section. This edition also includes a new chapter on Markov chain theory with applications to mortality and multiple decrement mortality table modeling, a presentation of model checking diagnostics that covers diagnostics for mortality tables, and an expanded discussion on option pricing with examples.

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