Football tipsters may be a thing of the past as an actuary predicts the winner and losers for this year's Premier League
Greg Becker, an actuary with RGA, has put his formidable mathematical skills to the test by demonstrating that through the use of actuarial, statistical and risk management techniques it is possible to build a model which can forecast who will win the Premier League 2010/2011.At the Actuarial Profession’s Life conference, taking place in Birmingham from 7 to 9 November 2010, Greg will deliver a presentation using computer simulations and a technique known as Monte Carlo simulations, named after the casino capital of Europe. The detailed model has been tested against recent results, and