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612-822-4611
Statistical Machine Learning with Applications in Finance

Statistical Machine Learning with Applications in Finance

Hardcover

General ComputersProbability & Statistics

PREORDER - Expected ship date September 30, 2026

ISBN10: 9811232334
ISBN13: 9789811232336
Publisher: World Scientific Publishing Company
Published: Sep 30 2026
Pages: 480
Language: English
This unique compendium develops a general approach to building models of economic and financial processes, with a focus on statistical learning techniques that scale to large data sets. It introduces the key elements of a parametric statistical model: likelihood, prior, and posterior, and show how to use them to make predictions.The book covers classical techniques such as multiple regression and the Kalman filter in a clear, accessible style that has been popular with students, but also includes detailed treatments of state-of-the-art models, highlighting tree-based methods, support vector machines and kernel methods, deep learning, and reinforcement learning. Theories are supplemented by real-world examples.This reference text is useful for undergraduate, graduate and even PhD students in quantitative finance, and also to practitioners who are facing the reality that data science and machine learning are disrupting the industry.

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General Computers