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GET BETTER ACQUAINTED WITH YOUR KNOWN UNKNOWNS
GET BETTER ACQUAINTED WITH YOUR KNOWN UNKNOWNS Uncertainty of a predictive model is a fact of life that many insurers could be overlooking at their peril without a framework for assessing it. The ...- Authors: Dan Kim, Boyang Meng
- Date: Apr 2020
- Competency: Results-Oriented Solutions
- Publication Name: Predictive Analytics and Futurism Newsletter
- Topics: Experience Studies & Data>Mortality; Predictive Analytics>Modeling techniques; Predictive Analytics>Quality control & model governance
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When Affordability Savings Do Not Reduce Costs
When Affordability Savings Do Not Reduce Costs Regression to the mean is a phenomenon that arises when comparing sequential data points. It states that when an initial observation is extreme or ...- Authors: Tony Pistilli
- Date: Dec 2020
- Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Publication Name: Health Watch
- Topics: Modeling & Statistical Methods>Forecasting; Modeling & Statistical Methods>Regression analysis; Predictive Analytics>Modeling techniques; Predictive Analytics>Quality control & model governance