Abstract
Although the selection methods based on regression analysis constitute a great improvement compared with techniques that use only tables of claim frequencies and average costs, we must not forget that the statistical tests performed are based upon hypotheses that in practice are seldom valid (the regression equations obtained are valid, of course, with the parameters estimated by the least squares method).
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 1985 Springer Science+Business Media New York
About this chapter
Cite this chapter
Lemaire, J. (1985). Criticism of Regression Analysis Selection Methods. In: Automobile Insurance. Huebner International Series on Risk, Insurance and Economic Security, vol 4. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-7708-3_10
Download citation
DOI: https://doi.org/10.1007/978-94-015-7708-3_10
Publisher Name: Springer, Dordrecht
Print ISBN: 978-90-481-5814-0
Online ISBN: 978-94-015-7708-3
eBook Packages: Springer Book Archive