2023 Webinar - Special Topics in GLM - January 19
The generalized linear model(GLM) is a popular method used in ratemaking. In this session I will address several special topics I experienced in my ratemaking practice: 1) What are the differences between GLM and multiple linear regression models 2) How to select rating variables 3) How to address over-dispersion issues 4) how to detect outliers 5) how to use splines in the models
- Explain the differences between GLM and multiple linear regression models.
- Select variables using LASSO
- Identify and handle outliers
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