{"product_id":"9781441919083","title":"Springer Texts in Statistics","description":"\u003ch1\u003eSpringer Texts in Statistics\u003c\/h1\u003e \u003ch2\u003eCarmona, René\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis book develops the use of statistical data analysis in finance, and it uses the statistical software environment of S-PLUS as a vehicle for presenting practical implementations from financial engineering. It is divided into three parts. Part I, Exploratory Data Analysis, reviews the most commonly used methods of statistical data exploration. Its originality lies in the introduction of tools for the estimation and simulation of heavy tail distributions and copulas, the computation of measures of risk, and the principal component analysis of yield curves. Part II, Regression, introduces modern regression concepts with an emphasis on robustness and non-parametric techniques. The applications include the term structure of interest rates, the construction of commodity forward curves, and nonparametric alternatives to the Black Scholes option pricing paradigm. Part III, Time Series and State Space Models, is concerned with theories of time series and of state space models. Linear ARIMA models are applied to the analysis of weather derivatives, Kalman filtering is applied to public company earnings prediction, and nonlinear GARCH models and nonlinear filtering are applied to stochastic volatility models. The book is aimed at undergraduate students in financial engineering, master students in finance and MBA's, and to practitioners with financial data analysis concerns.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2011-12-29\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9781441919083\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/b97626\u003c\/p\u003e \u003cp\u003eDimensions: 254cm x178cm\u003c\/p\u003e \u003cp\u003ePages: 455\u003c\/p\u003e ","brand":"Springer New York","offers":[{"title":"Default Title","offer_id":46312018870412,"sku":"9781441919083","price":103.5,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9781441919083.jpg?v=1771516051","url":"https:\/\/lateknightbooks.com\/products\/9781441919083","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}