simulate_covariates: Covariates Simulation

In SynthETIC: Synthetic Experience Tracking Insurance Claims

Covariates Simulation

Description

Simulates covariates for each claim. The relative occurrence of each combination of covariates is given the frequency relativities of the covariates.

Usage

simulate_covariates(
  covariates,
  frequency_vector = 1,
  claim_size_list = list(1)
)

Arguments

covariates	a covariates object, which stores the frequency and severity relativities for given covariate levels.
frequency_vector	a vector in the same output as claim_frequency.
claim_size_list	optional if frequency_vector is not inputted. A list in the same output as claim_size.

Value

Returns a covariates_data object.

SynthETIC documentation built on May 29, 2024, 8:47 a.m.