{"product_id":"r-programming-for-actuarial-science-hardback-9781119754978","title":"R Programming for Actuarial Science (Hardback) 9781119754978","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eR Programming for Actuarial Science\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cfont size=\"4\"\u003ePeter McQuire (Author), Alfred Kume (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781119754978, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 16 November 2023\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e640 pages\u003cbr\u003e24.4 x 17 x 4.3 cm, 1.247 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cb\u003eR Programming for Actuarial Science\u003c\/b\u003e \u003cp\u003e\u003cb\u003eProfessional resource providing an introduction to R coding for actuarial and financial mathematics applications, with real-life examples\u003c\/b\u003e \u003c\/p\u003e\n\u003cp\u003e\u003ci\u003eR Programming for Actuarial Science \u003c\/i\u003eprovides a grounding in R programming applied to the mathematical and statistical methods that are of relevance for actuarial work. \u003c\/p\u003e\n\u003cp\u003eIn \u003ci\u003eR Programming for Actuarial Science\u003c\/i\u003e, readers will find: \u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eBasic theory for each chapter to complement other actuarial textbooks which provide foundational theory in depth.\u003c\/li\u003e \u003cli\u003eTopics covered include compound interest, statistical inference, asset-liability matching, time series, loss distributions, contingencies, mortality models, and option pricing plus many more typically covered in university courses. \u003c\/li\u003e \u003cli\u003eMore than 400 coding examples and exercises, most with solutions, to enable students to gain a better understanding of underlying mathematical and statistical principles.\u003c\/li\u003e \u003cli\u003eAn overall basic to intermediate level of coverage in respect of numerous actuarial applications, and real-life examples included with every topic.\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003eProviding a highly useful combination of practical discussion and basic theory, \u003ci\u003eR Programming for Actuarial Science \u003c\/i\u003eis an essential reference for BSc\/MSc students in actuarial science, trainee actuaries studying privately, and qualified actuaries with little programming experience, along with undergraduate students studying finance, business, and economics.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eAbout the Companion Website xxi\u003c\/p\u003e \u003cp\u003eIntroduction 1\u003c\/p\u003e \u003cp\u003e1 R : What You Need to Know to Get Started 9\u003c\/p\u003e \u003cp\u003e2 Functions in R 33\u003c\/p\u003e \u003cp\u003e3 Financial Mathematics (1): Interest Rates and Valuing Cashflows 45\u003c\/p\u003e \u003cp\u003e4 Financial Mathematics (2): Miscellaneous Examples 63\u003c\/p\u003e \u003cp\u003e5 Fundamental Statistics: A Selection of Key Topics -- Dr A Kume 87\u003c\/p\u003e \u003cp\u003e6 Multivariate Distributions, and Sums of Random Variables 139\u003c\/p\u003e \u003cp\u003e7 Benefits of Diversification 147\u003c\/p\u003e \u003cp\u003e8 Modern Portfolio Theory 155\u003c\/p\u003e \u003cp\u003e9 Duration -- A Measure of Interest Rate Sensitivity 171\u003c\/p\u003e \u003cp\u003e10 Asset-Liability Matching: An Introduction 177\u003c\/p\u003e \u003cp\u003e11 Hedging: Protecting Against a Fall in Equity Markets 187\u003c\/p\u003e \u003cp\u003e12 Immunisation -- Redington and Beyond 195\u003c\/p\u003e \u003cp\u003e13 Copulas 211\u003c\/p\u003e \u003cp\u003e14 Copulas -- A Modelling Exercise 237\u003c\/p\u003e \u003cp\u003e15 Bond Portfolio Valuation: A Simple Credit Risk Model 247\u003c\/p\u003e \u003cp\u003e16 The Markov 2-State Mortality Model 259\u003c\/p\u003e \u003cp\u003e17 Approaches to Fitting Mortality Models: The Markov 2-state Model and an Introduction to Splines 273\u003c\/p\u003e \u003cp\u003e18 Assessing the Suitability of Mortality Models: Statistical Tests 295\u003c\/p\u003e \u003cp\u003e19 The Lee-Carter Model 311\u003c\/p\u003e \u003cp\u003e20 The Kaplan-Meier Estimator 329\u003c\/p\u003e \u003cp\u003e21 Cox Proportionate Hazards Regression Model 339\u003c\/p\u003e \u003cp\u003e22 Markov Multiple State Models: Applications to Life Contingencies 351\u003c\/p\u003e \u003cp\u003e23 Contingencies I 383\u003c\/p\u003e \u003cp\u003e24 Contingencies II 403\u003c\/p\u003e \u003cp\u003e25 Actuarial Risk Theory -- An Introduction: Collective and Individual Risk Models 447\u003c\/p\u003e \u003cp\u003e26 Collective Risk Models: Exercise 473\u003c\/p\u003e \u003cp\u003e27 Generalised Linear Models: Poisson Regression 481\u003c\/p\u003e \u003cp\u003e28 Extreme Value Theory 501\u003c\/p\u003e \u003cp\u003e29 Introduction to Machine Learning: k-Nearest Neighbours (kNN) 513\u003c\/p\u003e \u003cp\u003e30 Time Series Modelling in R -- Dr A Kume 523\u003c\/p\u003e \u003cp\u003e31 Volatility Models -- GARCH 551\u003c\/p\u003e \u003cp\u003e32 Modelling Future Stock Prices Using Geometric Brownian Motion: An Introduction 571\u003c\/p\u003e \u003cp\u003e33 Financial Options: Pricing, Characteristics, and Strategies 585\u003c\/p\u003e \u003cp\u003eIndex 605\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Mathematics [\u003ca title=\"See our other books on Mathematics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Mathematics%20%5BPB%5D%22\"\u003ePB\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52472071356696,"sku":"9781119754978","price":60.59,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781119754978.jpg?v=1785715614","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/r-programming-for-actuarial-science-hardback-9781119754978","provider":"Freshly Printed Books","version":"1.0","type":"link"}