Question: Problem Statement: Life Insurance Data The dataset belongs to a leading life insurance company. The company wants to predict the bonus for its agents so


Problem Statement: Life Insurance Data The dataset belongs to a leading life insurance company. The company wants to predict the bonus for its agents so that it may design appropriate engagement activa for their high performing agents and ups kill programs for low performing agents 1. Model building and interpretation. a. Build various models {You can choose to build models for either or all of descriptive, predictive or prescriptive purposes}. b. Test your predictive model against the test set using various appropriate performance metrics c. Interpretation of the modellsl 2. Model Tuning a. Ensemble modelling, wherever applicable b. Any other model tuning measureslif applicable} c. Interpretation of the most optimum model and its implication on the business
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