Discover how credibility theory helps actuaries use historical data to estimate risks and set insurance premiums; learn how the Bayesian and Buhlmann methods relate.

Thomas Bayes, one of the leading mathematical lights in computing today, differs from most of his colleagues: He has argued that the existence of God can be derived from equations. His most important ...

https://doi.org/10.15609/annaeconstat2009.144.0001 • https://www.jstor.org/stable/10.15609/annaeconstat2009.144.0001 Copy URL This paper studies the role played by ...

Learn to apply Bayes' theorem in financial forecasting for insightful, updated predictions. Enhance decision-making with ...

It’s estimated that human adults make about 35,000 decisions a day — the percentage of good decisions depends on the adult. These choices can be as banal as deciding to roll or crumple toilet paper or ...