caravan insurance dataset

This will load the data into a variable called Caravan. Each record consists of 86 variables, containing sociodemographic data (variables 1-43) and product ownership (variables 44-86). The first 43 attributes are demographic and social data, whereas, the remaining 43 variables are insurance product usage related data which indicate customers of the companys existing policies such as fire, boat, life, etc. Machine Learning, October 2004, vol. If its not possible to store your caravan at home, consider a secure storage site one thats got high fencing around the perimeter, access control and CCTV. infected with a virus or malware. The dataset used is from the CoIL Challenge 2000 datamining competition. After under sampling, I used the technique of oversampling the number of success class observations in this training dataset and refitted my six classification models. Since, it is critical for my analysis to correctly classify success class observations, the most important performance measures to consider is sensitivity and PPV. Security CoIL Challenge 2000: The Insurance Company Case. The performance measures (sensitivity, specificity, recall, precision, accuracy and ROC curves) associated with all six models fitted on the unbalanced training data and predicted on unbalanced test data is provided in the jupyter notebook. existing customers and caravan mobile home insurance buyers and some corresponding general characteristics. The PPV and sensitivity for all my models are compared in a graph in the jupyter notebook and since there is no clear winning model in terms of both, sensitivity and PPV, I recommend two different strategies based on the selected tradeoff between PPV and sensitivity. I don't have enough time write it by myself. This will load the data into a variable called Caravan. Additionally, Caravan provides code to derive meteorological forcing data and catchment attributes in the cloud, making it easy for anyone to extend Caravan to new catchments. Following Amelia, let's look at the ISLR Caravan example (pp. caravan <- as_tibble(ISLR::Caravan) %>% print() INTRODUCTION: If youre looking to reduce the cost of your caravan insurance year after year, the easiest way to do this is to fit extra security to your caravan. The code provided in this dataset can be used to: The generated output is already in a folder structure that can be easily integrated into the existing dataset. Even if youve never towed on public roads before, bonuses are often available for caravanners who take towing courses and additional instruction, making them statistically safer drivers when theyre towing a caravan. TICDATA2000.txt: Dataset to train and validate prediction models and build a description (5822 customer records). MAPPING TARGET VARIABLES AS PREDICTORS OF CARAVAN INSURANCE BUYERS: These predictions have been made with descriptive statistics results of the data set along with the real world logical themes (Appendix-1) FACTOR 1: AGE Middle aged people are more likely to get caravan insurance FACTOR 2: ATTITUDE TOWARDS SPENDING/ BUYING People with a liberal How Does The First Computer Look Like - The World S First Computer With Data Storage History Daily - Input of data means to read information from a keyboard, a storage device like a hard drive, or a sensor.the computer processes or changes the data by following the instructions in software programs. initial claims claims insurance unemployment economic development. Each record This is usually a hitchlock and a wheel clamp. 0330 094 5256. Due to large number of features, it is infeasible to show the data dictionary or a data sample in this document, however, the data dictionary can be obtained from - http://kdd.ics.uci.edu/databases/tic/dictionary.txt and the complete dataset can be obtained from - http://kdd.ics.uci.edu/databases/tic/tic.html. 2.1.1. 2000: The Insurance Company Case. Learn more. For my first part of the analysis, the initial data visualizations indicate that the buyers of caravan mobile home insurance policies also tend to buy car policies and fire policies. 177-195, Kluwer Academic Publishers [Web Link], [1] Papers were automatically harvested and associated with this data set, in collaboration The data consists of 86 variables and includes product usage data and socio-demographic data derived from zip area codes. (Purchase) indicates whether the customer purchased a caravan variables to significant predictors as below They give information on the distribution of that variable, e.g. Club Care's Caravan Insurance covers your contents and equipment too plus personal injury, public liability, loss of use and accidental damage, theft and fire - so it's well worth the investment. As they traveled through Mexico, many made their way to the city of Tijuana, located at the border with California. Caravan Insurance Challenge Data Card Code (40) Discussion (2) About Dataset This data set used in the CoIL 2000 Challenge contains information on customers of an insurance company. A tag already exists with the provided branch name. Now, I calculated the highest profit for each of my 18 models depending on the optimal cutoff for that mode. Caravan is an open community dataset of meteorological forcing data, catchment attributes, and discharge data for catchments around the world. for anyone to share extensions of Caravan to new regions. Since, this dataset was used for the purposes of a challenge, I obtained the data in the form of training data and test data, which is why, there was no need to split the data for my analysis. Tracking devices offer a huge discount up to 20% from some insurers as they provide an unbeatable deterrent for potential thieves as well as being extremely effective at returning your caravan to you swiftly if it does get stolen. This is something that should be kept in mind and taken care of when using this rule. The variable of interest in this dataset is Number_of_mobile_home_policies, which indicates the observations that have bought caravan insurance. TICTGTS2000.txt Targets for the evaluation set. Activate your 30 day free trialto continue reading. All customers living in areas with the same zip code have the same sociodemographic attributes. See "How to contribute" for more details about how to contribute to the Caravan project. Married observations. [View Context]. Caravan Guard Limited is authorised and regulated by the Financial Conduct Authority (FCA). One aspect of this is applying a customer lifetime value to each client. The Caravan dataset (and the corresponding manuscript) are currently under revisions. I like this service www.HelpWriting.net from Academic Writers. See http://www.liacs.nl/~putten/library/cc2000/ This is a useful insight for cross-selling the caravan policy to the existing customers of car policies and fire policies. Moreover, other characteristics of caravan mobile home insurance buyers generally include lower level education, Income 30,000, and Many Git commands accept both tag and branch names, so creating this branch may cause unexpected behavior. Although they are great for meeting likeminded caravanners and enjoying your caravanning breaks in friendly groups with organised activities; being a member of one can also mean a generous discount off your caravan insurance. A completed project by the Insurance Risk and Finance Research Centre (www.IRFRC.com) hasassembled a unique dataset from Large Commercial Risk losses in Asia-Pacific (APAC) coveringthe period 2000-2013. CaSSOA is a scheme that grades storage sites as Gold, Silver and Bronze quality so look out for gold sites to give the best insurance discounts. So, for example, if your air conditioning motor breaks down, the insurance covers repair costs. Dataset imported from https://www.r-project.org. This dataset is owned and supplied by the Dutch datamining company Sentient Machine Research, and is based on real world business data. After under sampling the number of non-success class observations in the training dataset, I re-ran my six classification models and noticed an overall improvement in the performance measures associated with correctly identifying the success class observations. Additionally, the cost factor associated with all my models is more important than the corresponding performance measures, as costs of False Positives and False Negatives in this business case is nowhere close to equal. http://www.liacs.nl/~putten/library/cc2000/ Therefore, the high accuracy of these models is of limited use as they do not help in classifying success class observations correctly, which is my main objective. The Code Project Open License (CPOL) 1.02. Each record consists of 86 variables, containing sociodemographic data (variables 1-43) and product ownership (variables 44-86). The data dictionary ([Web Link]) describes the variables used and their values. 2023 Caravan Insurance Guide is a trading name of Caravan Guard Limited (registered in England number 4036555 at New Road, Halifax, West Yorkshire, HX1 2JZ). Contents Coverage Every policy has a different level of contents insurance. https://github.com/google/eng-edu/blob/main/ml/cc/exercises/linear_regression_with_a_real_dataset.ipynb Tap here to review the details. A lot of new caravans are fitted with an AL-KO axle wheel lock receiver, so purchasing the locking part for this is an excellent alternative to a separate wheel clamp and will give a superb level of security. 1. The cost of a tracking device may seem too high if your caravan is several years old, but adding additional security is still beneficial. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. All customers living in areas with the The data consists of 86 variables and includes product usage data and socio-demographic data derived from zip area codes. Format The Caravan data set is found in the ISLR R package. Also a Leiden Institute of Advanced Computer Science Technical Report 2000-09. Remember, caravan insurance covers you for more than just the caravan itself. This data set includes 85 predictors that measure demographic characteristics for 5,822 individuals. By accepting, you agree to the updated privacy policy. This product has 5 key use cases. Please enable Cookies and reload the page. with Rexa.info, http://www.liacs.nl/~putten/library/cc2000/, Transforming classifier scores into accurate multiclass probability estimates, The UCI KDD Archive of Large Data Sets for Data Mining Research and Experimentation, A Simple Method For Estimating Conditional Probabilities For SVMs. Now, I have calculated the profits associated with each of my models for classification cutoff values ranging from 0 to 1. Exploratory Data Analysis (EDA) solution to Kaggle caravan insurance challenge on R | by Kieran Tan Kah Wang | Analytics Vidhya | Medium Write Sign up Sign In 500 Apologies, but something. A couple of those organizations include: * Insurance Information Institute * National Association of Insurance Commiss. The sociodemographic data is derived from zip codes. CoIL Challenge 2000: The Insurance Company Case. interested in buying caravan insurance and predict a model with the given 86 variable values Global businesses and organizations buy Healthcare Marketing Data from .

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