A Statistical Note on Trend Factors: The Meaning of "R Squared" (Casualty Actuaries of the Northwest, 3/89)

Abstract
Regression models have become standard actuarial tool for analyzing trends in frequency, severity, pure premium, reserves, development factors, and so on. Such analysis often is the basis for estimating future values of these random variables as an important aspect of ratemaking and reserving.
Volume
Fall
Page
7-18
Year
1991
Categories
Financial and Statistical Methods
Statistical Models and Methods
Regression
Actuarial Applications and Methodologies
Ratemaking
Trend and Loss Development
Publications
Casualty Actuarial Society E-Forum
Authors
D Lee Barclay