Taming Text: An Introduction to Text Mining CAS 2006 Ratemaking Seminar. Prepared by Louise Francis Francis Analytics and Actuarial Data Mining, Inc. April 1, 2006 Louise_francis@msn.com www.data-mines.com. Objectives. Present a new data mining technology
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Francis Analytics and Actuarial Data Mining, Inc.
April 1, 2006
Most common situation
A dependent variable
Some neural networks
No dependent variable
Group like records together
A group of claims with similar characteristics might be more likely to be fraudulent
Ex: Territory assignment, Text Mining
Kohonen neural networksMajor Kinds of Modeling
Perl, TMSK, S-PLUS, SPSS
SPSS, SPLUS, SAS