Tag Archives: poisson distribution
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Angus Macdonald
One recurring theme in our forthcoming book, Modelling Mortality with Actuarial Applications, is the all-pervading role of likelihoods that suggest the lurking presence of a Poisson distribution. A popular assumption in modelling hazard rates is that the number of deaths observed at any given age is a Poisson random variable, so perhaps that might explain […]
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Angus Macdonald
One recurring theme in our forthcoming book, Modelling Mortality with Actuarial Applications, is the all-pervading role of likelihoods that suggest the lurking presence of a Poisson distribution. A popular assumption in modelling hazard rates is that the number of deaths observed at any given age is a Poisson random variable, so perhaps that might explain […]
Read More
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