12:00 - 1:30 PM (ET)
About This Event
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:
- What are the differences between GLM and multiple linear regression models
- How to select rating variables
- How to address over-dispersion issues 4) how to detect outliers 5) how to use splines in the models.