1 “... for lecturers, seminars and crash courses on the topic. For the third edition the book has been updated...”

2 “... on Regression Models has been added All numerical examples have been redone, updated and made reproducible...”

3 “... edition the book has been updated and extensively revised and now includes several new aspects, e.g. new...”

4 “... on Variable Selection (Lasso, SCAD and Elastic Net) has also been added. All chapters include practical...”

5 “... models, aggregation of risks, and portfolio selection. Historically, the Gaussian copula model has been...”

6 “... are transparent and reproducible using quantlets. For this new edition the book has been updated and extensively...”