StatsGuru for SPSS vs Actuarial Simulation 2

StatsGuru for SPSS is aimed at students learning about statistics and contains information on a comprehensive list of typical statistical tests that college or university level students may be expected to know. The main feature is the decision tree, this allows users to answer a series of questions about their data and discover the most appropriate test. Each test covered features a basic overview plus guides, using a practical example, on how to input data and run the analysis, what to look for in the output (interpretation) and an example write-up. There is also a searchable glossary, covering the most common statistical terms used in the social sciences. StatsGuru for SPSS specifically covers versions 29, 28, 27, 26, 25 and 24 of IBM’s SPSS software. StatsGuru for R and SPSS are produced by Jonathan Catling (PhD) and Graham Fowler (MRes) at the University of Birmingham, UK.

The origin of this APP lies in the DAV/DGVFM student/teacher documentation. The aim of this series is to familiarise young people with the exciting subject of actuarial mathematics: Volume 1 - Stochastics of property damage The Actuarial Simulation2 Base APP enables Monte Carlo simulation in non-life insurance. The resulting overall loss distribution can be analysed by means of loss number and loss amount distribution. Graphics, moments and various quantiles are provided here. Poisson, binomial and negative binomial distributions are included as loss number distributions. The following loss level distributions can be simulated: Pareto, exponential, normal, generalised Pareto, gamma and Weibull distribution Attention: This APP is intended for private use only. Any liability is excluded.