Abstract
This note briefly describes ROOT, which is a free and open-source data mining tool developed by CERN, the same lab where the World Wide Web (WWW) was invented. Development of ROOT was motivated by the necessity to address the challenges posed by the new generation High Energy Physics experiments, which are expected to produce and analyze thousands of terabytes of very complex data every year.
ROOT is an object-oriented data analysis framework, written in C++. It contains several tools designed for statistical data exploration, fitting, and reporting. In addition, ROOT comes with powerful high-quality graphics capabilities and interfaces, including an extensive and self-contained GUI development kit that can be used to develop easy to use customized interfaces for the end users. This note provides some simple examples of how ROOT can be used in an insurance environment.
ROOT is an object-oriented data analysis framework, written in C++. It contains several tools designed for statistical data exploration, fitting, and reporting. In addition, ROOT comes with powerful high-quality graphics capabilities and interfaces, including an extensive and self-contained GUI development kit that can be used to develop easy to use customized interfaces for the end users. This note provides some simple examples of how ROOT can be used in an insurance environment.
Volume
Winter
Page
90-120
Year
2008
Categories
Financial and Statistical Methods
Statistical Models and Methods
Data Mining
Actuarial Applications and Methodologies
Data Management and Information
Data Organization
Financial and Statistical Methods
Statistical Models and Methods
Data Visualization
Financial and Statistical Methods
Statistical Models and Methods
Nonparametric Methods
Financial and Statistical Methods
Statistical Models and Methods
Regression
Financial and Statistical Methods
Aggregation Methods
Simulation
Publications
Casualty Actuarial Society E-Forum