average_entity_factors: Average entity rating factors

In ratingtables: Table-Driven Insurance Rating

Average entity rating factors

Description

Average indicated coverage values across entity records belonging to the same parent record.

Usage

average_entity_factors(
  scored_entity_data,
  group_col,
  coverages,
  output_prefix = "avg_entity_factor_"
)

Arguments

scored_entity_data	A data frame containing scored entity records and columns named ⁠indicated_<coverage>⁠.
group_col	A character string naming the column that identifies the parent or aggregation group.
coverages	A character vector of coverage names whose indicated values should be averaged.
output_prefix	A character string prepended to the generated output column names.

Value

A data frame with one row per parent group and one average entity factor column for each requested coverage.

Examples

rated_drivers <- data.frame(
  policy_id = c("P1", "P1", "P2"),
  indicated_BI = c(1.10, 0.90, 1.05)
)

average_entity_factors(
  scored_entity_data = rated_drivers,
  group_col = "policy_id",
  coverages = "BI"
)

ratingtables documentation built on Sept. 6, 2026, 1:06 a.m.