Abstract
Professor Lindley's two volume work is, professedly, the first attempt to attack the first course in probability and statistics from a Bayesian point of view. This should be of considerable interest to the actuary, since the Bayesian approach to statistics helps the actuary both to explain, in statistical terms, some of the techniques he has been using, and to find applications of some statistical methods to actuarial problems.
Volume
LIV
Page
252-254
Year
1967
Categories
Financial and Statistical Methods
Statistical Models and Methods
Bayesian Methods
Financial and Statistical Methods
Credibility
Publications
Proceedings of the Casualty Actuarial Society