Chan, Jennifer S. K.; Choy, S. T. Boris; Makov, Udi; … - In: Risks : open access journal 10 (2022) 4, pp. 1-10
overfitting. This paper aims at devising an algorithm that can carry the task of variable selection in the presence of a large … the number of zero claims. The resulting algorithm is assessed by measuring the out-of-sample AUC (Area Under the Curve …), a Machine Learning tool for quantifying predictive power. Finally, the application of the algorithm is demonstrated by …
