Question: is that the same as : By examining past data, linear regression enables insurance companies to determine how various factors influence the probability of a
is that the same as : By examining past data, linear regression enables insurance companies to determine how various factors influence the probability of a claim occurring. This insight leads to improved risk evaluation and more precise policy pricing. For example, if specific vehicle types have a higher chance of being involved in accidents, this information can be used to adjust auto insurance premiums accordingly
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