O'Reilly logo

Regression Modeling with Actuarial and Financial Applications by Edward W. Frees

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

1

Regression and the Normal Distribution

Chapter Preview. Regression analysis is a statistical method that is widely used in many fields of study, with actuarial science being no exception. This chapter provides an introduction to the role of the normal distribution in regression, the use of logarithmic transformations in specifying regression relationships, and the sampling basis that is critical for inferring regression results to broad populations of interest.

1.1 What Is Regression Analysis?

Statistics is about data. As a discipline, it is about the collection, summarization, and analysis of data to make statements about the real world. When ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required