As a Researcher in an Auto Insurance Company, You Have

question 18

Essay

As a researcher in an auto insurance company, you have been asked to develop a model to predict probability of an auto incident of a customer during a 6-month period. An auto incident could include accidents and traffic violations. Discuss how you would operationalize the research question. Provide the steps needed in the process.

---

Definitions:

Artificially Created

Made or produced by human beings rather than occurring naturally, typically as a copy of something natural.

River and Harbor Act

Legislation focused on improving and maintaining American rivers and harbors for navigation, flood control, and water supply.

Discharge Permit

An authorization, typically issued by a government agency, allowing the release of pollutants into the environment under specified conditions.

Army Corps of Engineers

A federal agency under the Department of Defense in the United States, responsible for public engineering, design, and construction management, including improvements to natural resources and infrastructure.