Most chatter about AI in other than research and academic institutions is about Machine Learning (ML) and various forms of neural nets and deep learning. Natural Language (speech recognition, language ...
In my practice, I find most people involved with advanced analytics, such as predictive, data science, and ML, are familiar with the name Bayes, and can even reproduce the simple theorem below. Still, ...
The aggregate loss, S, is the sum of the individual claim sizes, ie, S=∑i=1KXi for K>0, and S=0 for K=0. The distributions of K and Xi are termed the primary distribution and the secondary ...
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