Crushing Monday equations with the prowess of an actuarial superhero! 💪🔢 Join the math adventure, conquer challenges, and let's maximize the potential of this week! 🚀📊 Follow AInsurCo for your daily dose of actuarial inspiration and stay tuned for regular updates! www.ainsurco.com #ActuaryLife #MondayMarvels #AINSURCOInsights
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4.Unveiling Actuarial Science; The Poisson Distribution Fun facts about the Poisson Distribution 1. It has a single parameter 😀 2. The mean and the variance are equal 😑 3. It is a discrete distribution. ✔ 4. It is used to model the number of events in a fixed interval of time. ✔ 5. Named after Simeon Denis Poisson. ✔ 6. It was first mixed with the Gamma Distribution in 1920 by Greenwood and Yule obtaining a Negative Binomial Distribution. ✔ #actuarialscience #actuary #Poisson #riskmanagement
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Actuarial Analyst at Allstate | 2023 Top 100 Intern | UW-Madison Actuarial Science and Risk Management Alum
Actuarial TONGUE TWISTER Tuesday! 🌀😛 Today's word is: Canonical (kuh-naw-nuh-kl) In the context of Generalized Linear Models (GLMs), a canonical link function is a special type of link function that produces an unbiased estimate 🎯 The canonical link function is also equal to the natural parameter of its respective distribution. These are both good things - we often want to use the canonical link function ✅ Below are a few examples of canonical link functions and their formulas! 🔍 ------- "Canonical" may not look like a hard word to pronounce - but I used to think it was pronounced "Canon-ickle," like the camera brand. So hopefully this helps someone else from saying it wrong out loud 🤓 This is a series I do on Tuesdays where I explain an important actuarial concept/term/topic that is hard to say. Stick around to see more actuarial tongue twisters! -------- #actuary #actuarial #actuaries #tonguetwistertuesday
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Our latest YouTube video is here to show you how with Actuators Educational Institute, you can become an Actuary in just 4-6 years! 👇🏻Comment down below if you have any queries related to Actuarial Science.
Crack Actuaries within 4-6 years with Actuators | Actuarial Science
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*Auto-balanced common shock claim models* by Greg Taylor and Phuong Anh Vu – published in the November 2023 issue of the Annals of Actuarial Science. Link to the full text in the comments. Common shock models of claim triangles are usually constructed as linear combinations of shock components and idiosyncratic components. Previous literature has discussed the unbalanced property of such models, whereby the shocks may over- or under-contribute to some observations. The literature has also introduced corrections for this. The present paper discusses “auto-balanced” models, in which all shock and idiosyncratic components contribute to observations such that their proportionate contributions are constant from one observation to another. The conditions for auto-balance are found to be simple and applicable to a wide range of model structures. #actuarial #research #reserving #commonshock #tweedie #autobalance
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This week's video is here. A video on how you plan your Actuarial journey and overall life https://lnkd.in/gah8v_6R
New Year Resolution with the "Actuarial" Touch
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Understanding time, randonness, staistisdics, and probabilty can lead to wealth. It is my experience that is one cannot make a living day trading, but one can make a killing #multivariatesolutions #statistics #buildwealth #appliedprobability
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Understanding time, randonness, staistisdics, and probabilty can lead to wealth. It is my experience that is one cannot make a living day trading, but one can make a killing #multivariatesolutions #statistics #buildwealth #appliedprobability
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Understanding time, randonness, staistisdics, and probabilty can lead to wealth. It is my experience that is one cannot make a living day trading, but one can make a killing #multivariatesolutions #statistics #buildwealth #appliedprobability
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Understanding time, randonness, staistisdics, and probabilty can lead to wealth. It is my experience that is one cannot make a living day trading, but one can make a killing #multivariatesolutions #statistics #buildwealth #appliedprobability
To view or add a comment, sign in
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Understanding time, randonness, staistisdics, and probabilty can lead to wealth. It is my experience that is one cannot make a living day trading, but one can make a killing #multivariatesolutions #statistics #buildwealth #appliedprobability
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