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This Analysis Is a Highly Specialized Mathematic Analysis That Deals

question 48

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This analysis is a highly specialized mathematic analysis that deals with the financial and risk aspects of insurance.This analysis takes past losses and projects them into the future to determine the reserves an insurer needs to keep and the rates to charge.Identify this analysis.


Definitions:

Image Recognition

The ability of software to identify objects, places, people, writing, and actions in images.

Calculation

The process of determining a mathematical result or solving a numerical problem.

Natural Language Processing

A subfield of linguistics, computer science, and artificial intelligence concerned with the interactions between computers and human (natural) languages, particularly how to program computers to process and analyze large amounts of natural language data.

Knowledge Representation

Techniques used in artificial intelligence to define the world, entities, and the relationships between them in a manner that a computer can understand.

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