gamlss.data (version 4.3-0)

mvi: The motor vehicle insurance data

Description

The motor vehicle insurance data are motor vehicle insurance policies. mvi is a sample of 2000 observations from mviBig which has 67143 observartions

Usage

data(mvi)
data(mviBig)

docType

data

Details

The motor vehicle insurance data are motor vehicle insurance policies from an insurance company over a twelve-month period in 2004-05. The original data are 67143 observation but here we also include a random sample of 2000.

References

Heller, G. Stasinopoulos M and Rigby R.A. (2006) The zero-adjusted Inverse Gaussian distribution as a model for insurance claims. in Proceedings of the 21th International Workshop on Statistial Modelling, eds J. Hinde, J. Einbeck and J. Newell, pp 226-233, Galway, Ireland.

Heller G. Z., Stasinopoulos M.D., Rigby R. A. and de Jong P. (2007) Mean and dispersion modeling for policy claims costs. To be published in the Scandinavian Actuarial Journal.

Examples

data(mvi)
## a histogram of claims with fitted gamma disteibution
## library(gamlss)
## with(mvi, histDist(claimcst0[whetherclm==1&claimcst0<15000], family=GA, main="Claims"))