Loss Models

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Publisher : John Wiley & Sons
ISBN 13 : 0470391332
Total Pages : 758 pages
Book Rating : 4.4/5 (73 download)

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Book Synopsis Loss Models by : Stuart A. Klugman

Download or read book Loss Models written by Stuart A. Klugman and published by John Wiley & Sons. This book was released on 2012-01-25 with total page 758 pages. Available in PDF, EPUB and Kindle. Book excerpt: An update of one of the most trusted books on constructing and analyzing actuarial models Written by three renowned authorities in the actuarial field, Loss Models, Third Edition upholds the reputation for excellence that has made this book required reading for the Society of Actuaries (SOA) and Casualty Actuarial Society (CAS) qualification examinations. This update serves as a complete presentation of statistical methods for measuring risk and building models to measure loss in real-world events. This book maintains an approach to modeling and forecasting that utilizes tools related to risk theory, loss distributions, and survival models. Random variables, basic distributional quantities, the recursive method, and techniques for classifying and creating distributions are also discussed. Both parametric and non-parametric estimation methods are thoroughly covered along with advice for choosing an appropriate model. Features of the Third Edition include: Extended discussion of risk management and risk measures, including Tail-Value-at-Risk (TVaR) New sections on extreme value distributions and their estimation Inclusion of homogeneous, nonhomogeneous, and mixed Poisson processes Expanded coverage of copula models and their estimation Additional treatment of methods for constructing confidence regions when there is more than one parameter The book continues to distinguish itself by providing over 400 exercises that have appeared on previous SOA and CAS examinations. Intriguing examples from the fields of insurance and business are discussed throughout, and all data sets are available on the book's FTP site, along with programs that assist with conducting loss model analysis. Loss Models, Third Edition is an essential resource for students and aspiring actuaries who are preparing to take the SOA and CAS preliminary examinations. It is also a must-have reference for professional actuaries, graduate students in the actuarial field, and anyone who works with loss and risk models in their everyday work. To explore our additional offerings in actuarial exam preparation visit www.wiley.com/go/actuarialexamprep.

Data Driven Decisions

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Publisher :
ISBN 13 : 9780999766965
Total Pages : pages
Book Rating : 4.7/5 (669 download)

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Book Synopsis Data Driven Decisions by : Subhashish Samaddar

Download or read book Data Driven Decisions written by Subhashish Samaddar and published by . This book was released on 2020-11-21 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is intended for the students and teachers of evidence based decision making, especially when the evidences are obtained from numerical facts. It specifically covers business modeling, decision analytics, and forecasting. All planning and decision making start with some estimation of what the future holds for a business and thus, we need to forecast the future. Generally, there can be more than one forecast for most real situations based on the model one uses to forecast them. Business modeling can help us with calculating what those multiple forecasts of the future mean for the things that the business is interested in, such as profit, costs, pay off, returns etc. These are also called outcomes. Once we get the forecasts depicting the future, we can devise and assess multiple actions, and choose one of them that get the best outcome for the business. Decision analytics help us with this assessment. This book is best used for problem based learning and instruction. Problem based learning introduces the problem first for the students to work on, along with the instructor. Students learn by doing. They can practice multiple problems for practice until the underlying principles and lessons are understood and absorbed. Then the formal theories and principles are presented to make sense of what the students have already done and learned. This can also be called reversed learning because it reverses the process of the traditional learning method of theory first and problem solving later. The first of the book provides the problem and the second half of the book provides brief theories and principles, and solutions of the problems.

Data-driven Decisions and School Leadership

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Publisher : Pearson
ISBN 13 : 9780205496686
Total Pages : 0 pages
Book Rating : 4.4/5 (966 download)

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Book Synopsis Data-driven Decisions and School Leadership by : Theodore J. Kowalski

Download or read book Data-driven Decisions and School Leadership written by Theodore J. Kowalski and published by Pearson. This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book integrates theory and practice in decision-making, with a specific focus on data-driven decision making. Applications are demonstrated in the contexts of administration, supervision, and teaching. The book provides a unique contribution to the literature in this field in that the studies of decision theory and data-based decision making are integrated. Focusing on educators assuming leadership roles in school improvement, the book's content is equally relevant for administrators, supervisors, and teachers. The book, however, is centered on data-driven decision making, both as a requirement of the No Child Left Behind Act and as a normative professional standard. Issues related to accumulating, storing, and protecting data in districts and schools also are covered. Applications in administration, supervision, and teaching are demonstrated.

Data, Models, and Decisions

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Publisher : Ingram
ISBN 13 : 9780975914601
Total Pages : 530 pages
Book Rating : 4.9/5 (146 download)

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Book Synopsis Data, Models, and Decisions by : Dimitris Bertsimas

Download or read book Data, Models, and Decisions written by Dimitris Bertsimas and published by Ingram. This book was released on 2004 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combines topics from two traditionally distinct quantitative subjects, probability/statistics and management science/optimization, in a unified treatment of quantitative methods and models for management. Stresses those fundamental concepts that are most important for the practical analysis of management decisions: modeling and evaluating uncertainty explicitly, understanding the dynamic nature of decision-making, using historical data and limited information effectively, simulating complex systems, and allocating scarce resources optimally.

Better Data, Better Decisions

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Publisher : Medical Group Management Association/Center for Research in Ambulatory Health Care Administration
ISBN 13 : 9781568294322
Total Pages : 154 pages
Book Rating : 4.2/5 (943 download)

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Book Synopsis Better Data, Better Decisions by : Nate Moore

Download or read book Better Data, Better Decisions written by Nate Moore and published by Medical Group Management Association/Center for Research in Ambulatory Health Care Administration. This book was released on 2013 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Data flows into medical practices daily from practice management systems, electronic medical record (EMR) systems, accounting systems and many other sources. Too many practices extract only the bare minimum of data to file claims and meet reporting obligations, without recognizing the value in the flood of data that passes through the practice.

The Big Picture: How to Use Data Visualization to Make Better Decisions—Faster

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Publisher : McGraw Hill Professional
ISBN 13 : 1260473538
Total Pages : 208 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis The Big Picture: How to Use Data Visualization to Make Better Decisions—Faster by : Steve Wexler

Download or read book The Big Picture: How to Use Data Visualization to Make Better Decisions—Faster written by Steve Wexler and published by McGraw Hill Professional. This book was released on 2021-05-18 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Not a data expert? Here’s an engaging and entertaining guide to interpreting and drawing insights from any chart, graph, or other data visualization you’ll encounter. You’re a business professional, not a data scientist. How do you make heads or tails of the data visualizations that come across your desk—let alone make critical business decisions based on the information they’re designed to convey? In The Big Picture, top data visualization consultant Steve Wexler provides the tools for developing the graphical literacy you need to understand the data visualizations that are flooding your inbox—and put that data to use. Packed with the best four-color examples created in Excel, Tableau, Power BI, and Qlik, among others, this one-stop resource empowers you to extract the most important information from data visualizations quickly and accurately, act on key insights, solve problems, and make the right decisions for your organization every time.

Data Science for Business and Decision Making

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Publisher : Academic Press
ISBN 13 : 0128112174
Total Pages : 1240 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Data Science for Business and Decision Making by : Luiz Paulo Fávero

Download or read book Data Science for Business and Decision Making written by Luiz Paulo Fávero and published by Academic Press. This book was released on 2019-04-11 with total page 1240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Data Science for Business and Decision Making covers both statistics and operations research while most competing textbooks focus on one or the other. As a result, the book more clearly defines the principles of business analytics for those who want to apply quantitative methods in their work. Its emphasis reflects the importance of regression, optimization and simulation for practitioners of business analytics. Each chapter uses a didactic format that is followed by exercises and answers. Freely-accessible datasets enable students and professionals to work with Excel, Stata Statistical Software®, and IBM SPSS Statistics Software®. Combines statistics and operations research modeling to teach the principles of business analytics Written for students who want to apply statistics, optimization and multivariate modeling to gain competitive advantages in business Shows how powerful software packages, such as SPSS and Stata, can create graphical and numerical outputs

Data for Decisions

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Publisher : Transportation Research Board
ISBN 13 : 9780309051569
Total Pages : 180 pages
Book Rating : 4.0/5 (515 download)

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Book Synopsis Data for Decisions by : National Research Council (U.S.). Committee for the Study of Strategic Transportation Data Needs

Download or read book Data for Decisions written by National Research Council (U.S.). Committee for the Study of Strategic Transportation Data Needs and published by Transportation Research Board. This book was released on 1992 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: TRB Special Report 234 - Data for Decisions: Requirements for National Transportation Policy Making examines data requirements necessary to support strategic transportation policy making and the institutional changes necessary to make those data available on a permanent basis. The report calls for the establishment of a statistical agency within USDOT (this recommendation became helped create the Bureau of Transportation Statistics), the development of performance indicators, and regular reporting to the Secretary and Congress on important trends in system performance.

From Data to Decisions in Music Education Research

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Publisher : Routledge
ISBN 13 : 1000534766
Total Pages : 662 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis From Data to Decisions in Music Education Research by : Brian C. Wesolowski

Download or read book From Data to Decisions in Music Education Research written by Brian C. Wesolowski and published by Routledge. This book was released on 2022-02-22 with total page 662 pages. Available in PDF, EPUB and Kindle. Book excerpt: From Data to Decisions in Music Education Research provides a structured and hands-on approach to working with empirical data in the context of music education research. Using step-by-step tutorials with in-depth examples of music education data, this book draws upon concepts in data science and statistics to provide a comprehensive framework for working with a variety of data and solving data-driven problems. All of the skills presented here use the R programming language, a free, open-source statistical computing and graphics environment. Using R enables readers to refine their computational thinking abilities and data literacy skills while facilitating reproducibility, replication, and transparency of data analysis in the field. The book offers: A clear and comprehensive framework for thinking about data analysis processes in a music education context. An overview of common data structures and data types used in statistical programming and data analytics. Techniques for cleaning, preprocessing, manipulating, aggregating, and mining data in ways that facilitate organization and interpretation. Methods for summarizing and visualizing data to help identify structures, patterns, and trends within data sets. Detailed applications of descriptive, diagnostic, and predictive analytics processes. Step-by-step code for all concepts and analyses. Direct access to all data sets and R script files through the accompanying eResource. From Data to Decisions in Music Education Research offers a reference "cookbook" of code and programming recipes written with the graduate music education student in mind and breaks down data analysis processes and skills in an approachable fashion. It can be used across a wide range of graduate music education courses that rely on the application of empirical data analyses and will be useful to all music education scholars and professionals seeking to enhance their use of quantitative data.

Business Intelligence

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Publisher : Business Expert Press
ISBN 13 : 9781606491867
Total Pages : 150 pages
Book Rating : 4.4/5 (918 download)

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Book Synopsis Business Intelligence by : Jerzy Surma

Download or read book Business Intelligence written by Jerzy Surma and published by Business Expert Press. This book was released on 2011-03-06 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about using business intelligence as a management information system for supporting managerial decision making. It concentrates primarily on practical business issues and demonstrates how to apply data warehousing and data analytics to support business decision making. This book progresses through a logical sequence, starting with data model infrastructure, then data preparation, followed by data analysis, integration, knowledge discovery, and finally the actual use of discovered knowledge. All examples are based on the most recent achievements in business intelligence. Finally this book outlines an overview of a methodology that takes into account the complexity of developing applications in an integrated business intelligence environment. This book is written for managers, business consultants, and undergraduate and postgraduates students in business administration.

Marketing Analytics

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Publisher : University of Virginia Press
ISBN 13 : 081394516X
Total Pages : 278 pages
Book Rating : 4.8/5 (139 download)

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Book Synopsis Marketing Analytics by : Rajkumar Venkatesan

Download or read book Marketing Analytics written by Rajkumar Venkatesan and published by University of Virginia Press. This book was released on 2021-01-13 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors of the pioneering Cutting-Edge Marketing Analytics return to the vital conversation of leveraging big data with Marketing Analytics: Essential Tools for Data-Driven Decisions, which updates and expands on the earlier book as we enter the 2020s. As they illustrate, big data analytics is the engine that drives marketing, providing a forward-looking, predictive perspective for marketing decision-making. The book presents actual cases and data, giving readers invaluable real-world instruction. The cases show how to identify relevant data, choose the best analytics technique, and investigate the link between marketing plans and customer behavior. These actual scenarios shed light on the most pressing marketing questions, such as setting the optimal price for one’s product or designing effective digital marketing campaigns. Big data is currently the most powerful resource to the marketing professional, and this book illustrates how to fully harness that power to effectively maximize marketing efforts.

Data Driven Business Decisions

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Publisher : John Wiley & Sons
ISBN 13 : 0470619600
Total Pages : 512 pages
Book Rating : 4.4/5 (76 download)

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Book Synopsis Data Driven Business Decisions by : Chris J. Lloyd

Download or read book Data Driven Business Decisions written by Chris J. Lloyd and published by John Wiley & Sons. This book was released on 2011-10-25 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: A hands-on guide to the use of quantitative methods and software for making successful business decisions The appropriate use of quantitative methods lies at the core of successful decisions made by managers, researchers, and students in the field of business. Providing a framework for the development of sound judgment and the ability to utilize quantitative and qualitative approaches, Data Driven Business Decisions introduces readers to the important role that data plays in understanding business outcomes, addressing four general areas that managers need to know about: data handling and Microsoft Excel®, uncertainty, the relationship between inputs and outputs, and complex decisions with trade-offs and uncertainty. Grounded in the author's own classroom approach to business statistics, the book reveals how to use data to understand the drivers of business outcomes, which in turn allows for data-driven business decisions. A basic, non-mathematical foundation in statistics is provided, outlining for readers the tools needed to link data with business decisions; account for uncertainty in the actions of others and in patterns revealed by data; handle data in Excel®; translate their analysis into simple business terms; and present results in simple tables and charts. The author discusses key data analytic frameworks, such as decision trees and multiple regression, and also explores additional topics, including: Use of the Excel® functions Solver and Goal Seek Partial correlation and auto-correlation Interactions and proportional variation in regression models Seasonal adjustment and what it reveals Basic portfolio theory as an introduction to correlations Chapters are introduced with case studies that integrate simple ideas into the larger business context, and are followed by further details, raw data, and motivating insights. Algebraic notation is used only when necessary, and throughout the book, the author utilizes real-world examples from diverse areas such as market surveys, finance, economics, and business ethics. Excel® add-ins StatproGo and TreePlan are showcased to demonstrate execution of the techniques, and a related website features extensive programming instructions as well as insights, data sets, and solutions to problems included in the material. Data Driven Business Decisions is an excellent book for MBA quantitative analysis courses or undergraduate general statistics courses. It also serves as a valuable reference for practicing MBAs and practitioners in the fields of statistics, business, and finance.

Data Visualization for Business Decisions

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Publisher : Mercury Learning and Information
ISBN 13 : 1683925947
Total Pages : 159 pages
Book Rating : 4.6/5 (839 download)

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Book Synopsis Data Visualization for Business Decisions by : Andres Fortino

Download or read book Data Visualization for Business Decisions written by Andres Fortino and published by Mercury Learning and Information. This book was released on 2020-06-16 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: This workbook is intended for business analysts who wish to improve their skills in creating data visuals, presentations, and report illustrations used to support business decisions. It is a qualitative lab to develop the power of visualization and discrimination. It does not require the reader to modify charts, but to analyze and describe what would improve charts. In a set of controlled exercises, the reader is taken through the eighteen elements of six dimensions of analyzing and improving charts, visuals and reports used to communicate business concepts. Includes companion files with videos, sample files, and slides used in examples from the book. Features: Includes eighteen labs, three for each of the six major dimensions of data visuals: Story, Signs, Purpose, Perception, Method, and Charts Uses a comprehensive RAIKS (Rapid Assessment of Individual Knowledge and Skills) survey to judge readers’ progress before and after using the text Provides a capstone exercise to review the aggregate analysis and final results for the two analyzed charts Companion files that include video tutorials and all of the sample files and templates used in the book's examples The companion files are available online by emailing the publisher with proof of purchase at [email protected].

Show Me the Data!

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Publisher : AAPC Publishing
ISBN 13 : 9781934575734
Total Pages : 156 pages
Book Rating : 4.5/5 (757 download)

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Book Synopsis Show Me the Data! by : RinaMarie S. Leon-Guerrero

Download or read book Show Me the Data! written by RinaMarie S. Leon-Guerrero and published by AAPC Publishing. This book was released on 2011 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Data collection is one of the critical elements of an effective, efficient, and accountable program that supports student development and learning. However, many intervention teams struggle to develop reasonable and sustainable methods of gathering information about student performance and progress. Now comes SHOW ME THE DATA! This must-have resource consists of a brief discussion on data collection accompanied by a CD containing a comprehensive compilation of data sheets to help make that once-dreaded task easier and simpler.

Data Analysis for Business Decision Making

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Publisher :
ISBN 13 : 9781683925927
Total Pages : 200 pages
Book Rating : 4.9/5 (259 download)

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Book Synopsis Data Analysis for Business Decision Making by : Andres Fortino

Download or read book Data Analysis for Business Decision Making written by Andres Fortino and published by . This book was released on 2020-07-15 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This laboratory manual is intended forbusiness analysts who wish to increase their skills in the use of statisticalanalysis to support business decisions. Most of the case studies use Excel,today's most common analysis tool. They range from the most basic descriptiveanalytical techniques to more advanced techniques such as linear regression andforecasting. Advanced projects cover inferential statistics for continuousvariables (t-Test) and categorical variables (chi-square), as well as A/B testing. The manual ends with techniques to deal with the analysis of text data and tools to manage the analysis of large data sets (Big Data) using Excel. Includes companion files with solution spreadsheets, sample files, data sets, etc. from the book. Features: Teaches the statistical analysis skills needed to support business decisions Provides projects ranging from the most basic descriptive analytical techniques to more advanced techniques such as linearregression, forecasting, inferential statistics, and analyzing big data sets Includes companion files with solution spreadsheets, sample files, data sets, etc. used in the book's case studies

Better Business Decisions from Data

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Author :
Publisher : Apress
ISBN 13 : 1484201841
Total Pages : 260 pages
Book Rating : 4.4/5 (842 download)

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Book Synopsis Better Business Decisions from Data by : Peter Kenny

Download or read book Better Business Decisions from Data written by Peter Kenny and published by Apress. This book was released on 2014-07-04 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Everyone encounters statistics on a daily basis. They are used in proposals, reports, requests, and advertisements, among others, to support assertions, opinions, and theories. Unless you’re a trained statistician, it can be bewildering. What are the numbers really saying or not saying? Better Business Decisions from Data: Statistical Analysis for Professional Success provides the answers to these questions and more. It will show you how to use statistical data to improve small, every-day management judgments as well as major business decisions with potentially serious consequences. Author Peter Kenny—with deep experience in industry—believes that "while the methods of statistics can be complicated, the meaning of statistics is not." He first outlines the ways in which we are frequently misled by statistical results, either because of our lack of understanding or because we are being misled intentionally. Then he offers sound approaches for understanding and assessing statistical data to make excellent decisions. Kenny assumes no prior knowledge of statistical techniques; he explains concepts simply and shows how the tools are used in various business situations. With the arrival of Big Data, statistical processing has taken on a new level of importance. Kenny lays a foundation for understanding the importance and value of Big Data, and then he shows how mined data can help you see your business in a new light and uncover opportunity. Among other things, this book covers: How statistics can help you assess the probability of a successful outcome How data is collected, sampled, and best interpreted How to make effective forecasts based on the data at hand How to spot the misuse or abuse of statistical evidence in advertisements, reports, and proposals How to commission a statistical analysis Arranged in seven parts—Uncertainties, Data, Samples, Comparisons, Relationships, Forecasts, and Big Data—Better Business Decisions from Data is a guide for busy people in general management, finance, marketing, operations, and other business disciplines who run across statistics on a daily or weekly basis. You’ll return to it again and again as new challenges emerge, making better decisions each time that boost your organization’s fortunes—as well as your own.

Student Solutions Manual to Accompany Loss Models: From Data to Decisions

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1119538068
Total Pages : 303 pages
Book Rating : 4.1/5 (195 download)

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Book Synopsis Student Solutions Manual to Accompany Loss Models: From Data to Decisions by : Stuart A. Klugman

Download or read book Student Solutions Manual to Accompany Loss Models: From Data to Decisions written by Stuart A. Klugman and published by John Wiley & Sons. This book was released on 2019-04-04 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: Solutions manual to accompany a text with comprehensive coverage of actuarial modeling techniques The Student Solutions Manual to Accompany Loss Models: From Data to Decisions covers solutions related to the companion text. The manual and text are designed for use by actuaries and those studying for the profession. Readers can learn modeling techniques used across actuarial science. Knowledge of the techniques is also beneficial for those who use loss data to build models for risk assessment.