Often machi Study guides, Class notes & Summaries
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AIDA 181 (New 2023/ 2024 Update) Big Data Analytics for Risk and Insurance Exam | Questions and Verified Answers| 100% Correct| Graded A
- Exam (elaborations) • 32 pages • 2023
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AIDA 181 (New 2023/ 2024 Update) Big Data 
Analytics for Risk and Insurance Exam | 
Questions and Verified Answers| 100% 
Correct| Graded A 
 
QUESTION 
 Often, machine learning 
Select one: 
A. Reveals relationship and trends not found through traditional ratemaking analysis. 
B. Is not appropriate for smaller insurers, which do not have access to large amounts of data. 
C. Implements a flat rate increase for all of an insurer's homeowners policies. 
D. Is simply a ratio that measures loss ...
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