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Actuarial Statistics
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Actuarial Statistics : An Introduction Using R

Book Details

Format Paperback / Softback
ISBN-10 9393330794
ISBN-13 9789393330796
Publisher Universities Press
Imprint Universities Press
Country of Manufacture GB
Country of Publication GB
Publication Date May 31st, 2024
Print length 448 Pages
Weight 708 grams
Dimensions 18.50 x 25.50 x 2.30 cms
Ksh 9,150.00
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The main aim of this textbook is to provide a thorough treatment of basic techniques, theoretically and computationally using R, so that it will be suitable for self-study, particularly in the present era of online education.
In the first edition of the book, we introduced some basic concepts related to computation of premiums and reserves for some standard life insurance products adopting a rigorous mathematical approach underlying the theoretical concepts. These were supported by numerical computations with R software. In this revised second edition of the book, the theoretical development has not been changed much. However, the role of R software has been extended. In each chapter, computational exercises based on R software are included to provide a hands-on experience to students. Another novel feature of this edition is the inclusion of over 160 multiple choice questions for which answers are provided.

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