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  • What Do You Mean, “Best” Estimate?
    What Do You Mean, “Best” Estimate? A discussion of alternative meanings to “Best” in best estimate. When one is trying to estimate a result that is normally distributed, the mean, median and mode ...

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    • Authors: Darin Zimmerman
    • Date: Sep 2005
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Financial Reporter
    • Topics: Finance & Investments>Risk measurement - Finance & Investments; Financial Reporting & Accounting; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Modeling & Statistical Methods>Estimation methods
  • The Art of Stochastic Simulation in the Financial Reporting World: An Overview of Stochastic Simulation
    The Art of Stochastic Simulation in the Financial Reporting World: An Overview of Stochastic Simulation An Overview of Stochastic Simulation modeling techniques and usages Conditional Tail ...

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    • Authors: Ronald Harasym
    • Date: Sep 2003
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Financial Reporter
    • Topics: Enterprise Risk Management>Financial management; Financial Reporting & Accounting; Modeling & Statistical Methods>Simulation; Modeling & Statistical Methods>Stochastic models