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cs.LG updates on arXiv.org

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Improving Insurance Catastrophic Data with Resampling and...
Norbert Dzadz, Maciej Romaniuk · 2024-10-22 · via cs.LG updates on arXiv.org

The precise and large dataset concerning catastrophic events is very important for insurers. To improve the quality of such data three methods based on the bootstrap, bootknife, and GAN algorithms are proposed. Using numerical experiments and real-life data, simulated outputs for these approaches are compared based on the mean squared (MSE) and mean absolute errors (MAE). Then, a direct algorithm to construct a fuzzy expert's opinion concerning such outputs is also considered.

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