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
Learning Objectives:
- Explain the differences between GLM and multiple linear regression models.
- Select variables using LASSO
- Identify and handle outliers
CAS provides closed captioning generated by software applications for the convenience of viewers. CAS does not review for accuracy of the information that appears in a closed caption, and such information (including any foreign language translation and transcription displayed in a closed caption) may not be relied upon as an accurate or complete record of CAS programming. CAS makes no representations or warranties, and expressly disclaim any responsibility or liability with respect to, any errors or omissions in, or the accuracy, reliability, timeliness or completeness of, any information that appears in a closed caption.