Statistical Modeling Methods in Automobile Insurance
Journal Title: Revista Romana de Statistica - Year 2013, Vol 61, Issue 4
Abstract
This article describes the notions of the statistical indicators of automobile insurance and also presents methods that describe interdependence between them. Statistical calculations - the collection, the pre-processing and the further data analysis is based on certain system of statistical indicators. This system is composed of the indicators, which are supposed to be used in all firms in a given sphere of activity, in our case – these are the insurance companies which operating on the auto insurance market. The interdependence between insurance indicators was analyzed by correlation analysis, multiple regressions and testing the hypothesis of normality and model validation and its coefficients.
Authors and Affiliations
Elena BURLACU
Keywords
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