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Paperback Bayesian Statistics in Actuarial Science: With Emphasis on Credibility Book

ISBN: 9048157900

ISBN13: 9789048157907

Bayesian Statistics in Actuarial Science: With Emphasis on Credibility

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Format: Paperback

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Book Overview

The debate between the proponents of "classical" and "Bayesian" statistica} methods continues unabated. It is not the purpose of the text to resolve those issues but rather to demonstrate that within the realm of actuarial science there are a number of problems that are particularly suited for Bayesian analysis. This has been apparent to actuaries for a long time, but the lack of adequate computing power and appropriate algorithms had led to the use...

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