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Kernel Density Estimation for Claim Size Distributions Using Shifted Power Transformation

Publication Type : Journal Article

Publisher : (2016)

Source : (2016)

Campus : Coimbatore

School : School of Engineering

Center : Amrita Innovation & Research

Department : Mathematics

Verified : Yes

Year : 2016

Abstract : This paper presents density estimation of univariate claim severity distributions using kernel density estimation. We applied transformations to data prior to implement kernel density estimation so as to ensure the data is symmetry for the purpose of applying Gaussian methods. The paper presents non-parametric method of obtaining density for univariate claim severity distributions with goodness fits analysis for Danish insurance data on fire loss claims.

Cite this Research Publication : Rajitha C. S. and K. M. Sakthivel, “Kernel Density Estimation for Claim Size Distributions Using Shifted Power Transformation”, 2016.

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