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The application of regression and correlation techniques for cost planning and control decisions in the hotel industry

โœ Scribed by Harris, Peter J.


Book ID
123177781
Publisher
Elsevier Science
Year
1986
Tongue
English
Weight
953 KB
Volume
5
Category
Article
ISSN
0278-4319

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## Abstract This paper considers the problem of predicting claim costs in the automobile insurance industry. The first stage involves classifying policy holders according to their perceived risk, followed by modelling the claim costs within each risk group. Two methods are compared for the risk cla