This book summarizes the state of the art in Tree-Based Methods for insurance: regression trees, random forests and boosting methods.
All numerical illustration.
The exposition alternates between methodological aspects and numerical illustrations or case studies.
Actuaries need these advanced analytical tools to turn the massive data sets now at their disposal into opportunities.
It also exhibits the tools which make it possible to assess the predictive performance of Tree-Based models.
This book summarizes the state of the art in Tree-Based Methods for insurance: regression trees, random forests and boosting methods