2.18 Generalized Linear Models (GLMs)

SOA Exam SRM - Statistics for Risk Modeling Generalized Linear Models 📌 Timestamps ======================== 00:00 Intro 00:22 Why are GLMs linear? 01:41 Matrix Notation 02:27 GLM Definitions 03:00 Link Function Example - Identity 04:00 Link Function Example - Logit 04:59 Benefits of GLMs 06:51 The Linear Exponential Family of Distributions 08:14 Variance Function in GLMs 09:13 Canonical Link Function 10:24 Normal Distribution Example - Canonical Link 12:06 Recap 12:37 Exam SRM Study Tip on GLMs 13:13 Outro 🔗 Links ======================== The Actuarial Nexus: https://www.theactuarialnexus.com Full Written Course: https://www.theactuarialnexus.com/cou... Practice Questions: https://www.theactuarialnexus.com/syl...