Statistical Methods With Applications To Demography And Life Insurance

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Statistical Methods with Applications to Demography and Life Insurance

Author : Estáte V. Khmaladze
Publisher : CRC Press
ISBN 13 : 1466505737
Total Pages : 244 pages
Book Rating : 4.4/5 (665 download)

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Book Synopsis Statistical Methods with Applications to Demography and Life Insurance by : Estáte V. Khmaladze

Download or read book Statistical Methods with Applications to Demography and Life Insurance written by Estáte V. Khmaladze and published by CRC Press. This book was released on 2013-03-25 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Suitable for statisticians, mathematicians, actuaries, and students interested in the problems of insurance and analysis of lifetimes, Statistical Methods with Applications to Demography and Life Insurance presents contemporary statistical techniques for analyzing life distributions and life insurance problems. It not only contains traditional material but also incorporates new problems and techniques not discussed in existing actuarial literature. The book mainly focuses on the analysis of an individual life and describes statistical methods based on empirical and related processes. Coverage ranges from analyzing the tails of distributions of lifetimes to modeling population dynamics with migrations. To help readers understand the technical points, the text covers topics such as the Stieltjes, Wiener, and Itô integrals. It also introduces other themes of interest in demography, including mixtures of distributions, analysis of longevity and extreme value theory, and the age structure of a population. In addition, the author discusses net premiums for various insurance policies. Mathematical statements are carefully and clearly formulated and proved while avoiding excessive technicalities as much as possible. The book illustrates how these statements help solve numerous statistical problems. It also includes more than 70 exercises.

Statistical Methods with Applications to Demography and Life Insurance

Author : Estate V. Khmaladze
Publisher :
ISBN 13 : 9780429096488
Total Pages : 228 pages
Book Rating : 4.0/5 (964 download)

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Book Synopsis Statistical Methods with Applications to Demography and Life Insurance by : Estate V. Khmaladze

Download or read book Statistical Methods with Applications to Demography and Life Insurance written by Estate V. Khmaladze and published by . This book was released on 2013 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financial and Actuarial Statistics

Author : Dale S. Borowiak
Publisher : CRC Press
ISBN 13 : 1420085808
Total Pages : 434 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Financial and Actuarial Statistics by : Dale S. Borowiak

Download or read book Financial and Actuarial Statistics written by Dale S. Borowiak and published by CRC Press. This book was released on 2013-11-12 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understand Up-to-Date Statistical Techniques for Financial and Actuarial Applications Since the first edition was published, statistical techniques, such as reliability measurement, simulation, regression, and Markov chain modeling, have become more prominent in the financial and actuarial industries. Consequently, practitioners and students must acquire strong mathematical and statistical backgrounds in order to have successful careers. Financial and Actuarial Statistics: An Introduction, Second Edition enables readers to obtain the necessary mathematical and statistical background. It also advances the application and theory of statistics in modern financial and actuarial modeling. Like its predecessor, this second edition considers financial and actuarial modeling from a statistical point of view while adding a substantial amount of new material. New to the Second Edition Nomenclature and notations standard to the actuarial field Excel exercises with solutions, which demonstrate how to use Excel functions for statistical and actuarial computations Problems dealing with standard probability and statistics theory, along with detailed equation links A chapter on Markov chains and actuarial applications Expanded discussions of simulation techniques and applications, such as investment pricing Sections on the maximum likelihood approach to parameter estimation as well as asymptotic applications Discussions of diagnostic procedures for nonnegative random variables and Pareto, lognormal, Weibull, and left truncated distributions Expanded material on surplus models and ruin computations Discussions of nonparametric prediction intervals, option pricing diagnostics, variance of the loss function associated with standard actuarial models, and Gompertz and Makeham distributions Sections on the concept of actuarial statistics for a collection of stochastic status models The book presents a unified approach to both financial and actuarial modeling through the use of general status structures. The authors define future time-dependent financial actions in terms of a status structure that may be either deterministic or stochastic. They show how deterministic status structures lead to classical interest and annuity models, investment pricing models, and aggregate claim models. They also employ stochastic status structures to develop financial and actuarial models, such as surplus models, life insurance, and life annuity models.

Quantitative Methods in Demography

Author : Christos H. Skiadas
Publisher : Springer Nature
ISBN 13 : 303093005X
Total Pages : 497 pages
Book Rating : 4.0/5 (39 download)

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Book Synopsis Quantitative Methods in Demography by : Christos H. Skiadas

Download or read book Quantitative Methods in Demography written by Christos H. Skiadas and published by Springer Nature. This book was released on 2022-05-30 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides quantitative and applied methodologies in the Covid-19 era exploring important issues in demography, population studies, and health. It provides insight into health and health measures as to the healthy life years lost and the healthy life expectancy related to Covid-19 pandemic. It also describes mortality and survival and focuses on data analysis in demography and population studies. Special methods and applications in demography and society are also described, thereby including applications in society, pension and insurance. As such, this book is a valuable guide for researchers, theoreticians and practitioners from various scientific fields.

Method for Constructing Complete Annual U.S. Life Tables

Author : Robert N. Anderson (Statistician)
Publisher : National Center for Health Statistics
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Method for Constructing Complete Annual U.S. Life Tables by : Robert N. Anderson (Statistician)

Download or read book Method for Constructing Complete Annual U.S. Life Tables written by Robert N. Anderson (Statistician) and published by National Center for Health Statistics. This book was released on 1999 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Life Table Techniques and Their Applications

Author : Krishnan Namboodiri
Publisher : Academic Press
ISBN 13 : 1483288889
Total Pages : 288 pages
Book Rating : 4.4/5 (832 download)

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Book Synopsis Life Table Techniques and Their Applications by : Krishnan Namboodiri

Download or read book Life Table Techniques and Their Applications written by Krishnan Namboodiri and published by Academic Press. This book was released on 2013-10-22 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first volume to present a comprehensive treatment of the theory and application of life table techniques. The emphasis is placed on applications, and the theory is presented in such a way that individuals with minimal knowledge of calculus and matrix algebra can follow the argument.

The Application of the Statistical Method to Public Health Research

Author : Louis Israel Dublin
Publisher :
ISBN 13 :
Total Pages : 14 pages
Book Rating : 4.:/5 (391 download)

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Book Synopsis The Application of the Statistical Method to Public Health Research by : Louis Israel Dublin

Download or read book The Application of the Statistical Method to Public Health Research written by Louis Israel Dublin and published by . This book was released on 1917 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Determinants of Life Insurance Consumption across Countries

Author : Thorsten Beck
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4./5 ( download)

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Book Synopsis Determinants of Life Insurance Consumption across Countries by : Thorsten Beck

Download or read book Determinants of Life Insurance Consumption across Countries written by Thorsten Beck and published by World Bank Publications. This book was released on 2002 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Life Table and Its Applications

Author : Chin Long Chiang
Publisher :
ISBN 13 :
Total Pages : 344 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Life Table and Its Applications by : Chin Long Chiang

Download or read book The Life Table and Its Applications written by Chin Long Chiang and published by . This book was released on 1984 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: The statistical theory of the ordinary life table is presented in this book, with its construction explained. Topics cover measures of mortality and adjustment of rates, and other areas include survival and stages of disease, reproduction, married life, antenatal life table and ecological studies.

The Life Table

Author : Guillaume Wunsch
Publisher : Springer
ISBN 13 : 9789048160259
Total Pages : 0 pages
Book Rating : 4.1/5 (62 download)

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Book Synopsis The Life Table by : Guillaume Wunsch

Download or read book The Life Table written by Guillaume Wunsch and published by Springer. This book was released on 2010-12-05 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work covers various important issues in life table construction and use. It. includes a non-technical overview, compares various methods of decomposing the difference in life expectancies, discusses the finding of suitable indicators and models, and deals with age, period, and cohort effects in mortality.

A History of Probability and Statistics and Their Applications Before 1750

Author : Anders Hald
Publisher : Wiley-Interscience
ISBN 13 :
Total Pages : 624 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis A History of Probability and Statistics and Their Applications Before 1750 by : Anders Hald

Download or read book A History of Probability and Statistics and Their Applications Before 1750 written by Anders Hald and published by Wiley-Interscience. This book was released on 1990-01-16 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first treatment of the early development of probability and statistics since Todhunter's History appeared in 1865. The present book describes the contemporaneous development and interaction of probability theory (and games of chance), statistics (particularly in astronomy and demography) and life insurance mathematics. Illustrates the development of the practice by means of typical examples, giving both the original data and their analysis at the time, and adding some comments from a modern point of view. To read and enjoy this intellectual history, the reader need know but little statistics or mathematics, for the presentation is relatively self-contained. This unique book evokes the life and works of the great natural philosophers who contributed to the development of probability theory and statistics and offers fascinating background material on the history of mathematics, natural philosophy and social conditions of the eras under discussion.

Financial and Insurance Formulas

Author : Tomas Cipra
Publisher : Springer Science & Business Media
ISBN 13 : 379082593X
Total Pages : 413 pages
Book Rating : 4.7/5 (98 download)

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Book Synopsis Financial and Insurance Formulas by : Tomas Cipra

Download or read book Financial and Insurance Formulas written by Tomas Cipra and published by Springer Science & Business Media. This book was released on 2010-07-16 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial and insurance calculations become more and more frequent and helpful for many users not only in their profession life but sometimes even in their personal life. Therefore a survey of formulas of ?nancial and insurance mathematics that can be applied to such calculations seems to be a suitable aid. In some cases one should use instead of the term formula more suitable terms of the type method, p- cedure or algorithm since the corresponding calculations cannot be simply summed up to a single expression, and a verbal description without introducing complicated symbols is more appropriate. The survey has the following ambitions: • The formulas should be applicable in practice: it has motivated their choice for this survey ?rst and foremost. On the other hand it is obvious that by time one puts to use in practice seemingly very abstract formulas of higher mathematics, e.g. when pricing ?nancial derivatives, evaluating ?nancial risks, applying accou- ing principles based on fair values, choosing alternative risk transfers ARL in insurance, and the like. • The formulas should be error-free (though such a goal is not achievable in full) since in the ?nancial and insurance framework one publishes sometimes in a h- tic way various untried formulas and methods that may be incorrect. Of course, the formulas are introduced here without proofs because their derivation is not the task of this survey.

Age-Period-Cohort Analysis

Author : Yang Yang
Publisher : CRC Press
ISBN 13 : 1466507535
Total Pages : 352 pages
Book Rating : 4.4/5 (665 download)

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Book Synopsis Age-Period-Cohort Analysis by : Yang Yang

Download or read book Age-Period-Cohort Analysis written by Yang Yang and published by CRC Press. This book was released on 2016-04-19 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the ways in which statistical models, methods, and research designs can be used to open new possibilities for APC analysis. Within a single, consistent HAPC-GLMM statistical modeling framework, the authors synthesize APC models and methods for three research designs: age-by-time period tables of population rates or proportions, repeated cross-section sample surveys, and accelerated longitudinal panel studies. They show how the empirical application of the models to various problems leads to many fascinating findings on how outcome variables develop along the age, period, and cohort dimensions.

The Growing Gap in Life Expectancy by Income

Author : National Academies of Sciences, Engineering, and Medicine
Publisher : National Academies Press
ISBN 13 : 030931710X
Total Pages : 243 pages
Book Rating : 4.3/5 (93 download)

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Book Synopsis The Growing Gap in Life Expectancy by Income by : National Academies of Sciences, Engineering, and Medicine

Download or read book The Growing Gap in Life Expectancy by Income written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2015-09-17 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. population is aging. Social Security projections suggest that between 2013 and 2050, the population aged 65 and over will almost double, from 45 million to 86 million. One key driver of population aging is ongoing increases in life expectancy. Average U.S. life expectancy was 67 years for males and 73 years for females five decades ago; the averages are now 76 and 81, respectively. It has long been the case that better-educated, higher-income people enjoy longer life expectancies than less-educated, lower-income people. The causes include early life conditions, behavioral factors (such as nutrition, exercise, and smoking behaviors), stress, and access to health care services, all of which can vary across education and income. Our major entitlement programs - Medicare, Medicaid, Social Security, and Supplemental Security Income - have come to deliver disproportionately larger lifetime benefits to higher-income people because, on average, they are increasingly collecting those benefits over more years than others. This report studies the impact the growing gap in life expectancy has on the present value of lifetime benefits that people with higher or lower earnings will receive from major entitlement programs. The analysis presented in The Growing Gap in Life Expectancy by Income goes beyond an examination of the existing literature by providing the first comprehensive estimates of how lifetime benefits are affected by the changing distribution of life expectancy. The report also explores, from a lifetime benefit perspective, how the growing gap in longevity affects traditional policy analyses of reforms to the nation's leading entitlement programs. This in-depth analysis of the economic impacts of the longevity gap will inform debate and assist decision makers, economists, and researchers.

Computer Programs for Demographic Analysis

Author : Eduardo E. Arriaga
Publisher :
ISBN 13 :
Total Pages : 590 pages
Book Rating : 4.3/5 (2 download)

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Book Synopsis Computer Programs for Demographic Analysis by : Eduardo E. Arriaga

Download or read book Computer Programs for Demographic Analysis written by Eduardo E. Arriaga and published by . This book was released on 1976 with total page 590 pages. Available in PDF, EPUB and Kindle. Book excerpt:

U.S. Decennial Life Tables for ...

Author :
Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis U.S. Decennial Life Tables for ... by :

Download or read book U.S. Decennial Life Tables for ... written by and published by . This book was released on 1975 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Quantile-Based Reliability Analysis

Author : N. Unnikrishnan Nair
Publisher : Springer Science & Business Media
ISBN 13 : 0817683615
Total Pages : 411 pages
Book Rating : 4.8/5 (176 download)

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Book Synopsis Quantile-Based Reliability Analysis by : N. Unnikrishnan Nair

Download or read book Quantile-Based Reliability Analysis written by N. Unnikrishnan Nair and published by Springer Science & Business Media. This book was released on 2013-08-24 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a fresh approach to reliability theory, an area that has gained increasing relevance in fields from statistics and engineering to demography and insurance. Its innovative use of quantile functions gives an analysis of lifetime data that is generally simpler, more robust, and more accurate than the traditional methods, and opens the door for further research in a wide variety of fields involving statistical analysis. In addition, the book can be used to good effect in the classroom as a text for advanced undergraduate and graduate courses in Reliability and Statistics.