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.