Actuarial Notes

Exam DISC-DA Practice Question 222

Study guide: Exam DISC-DA

An insurer has five years of renewal offers, each recorded with the policy's characteristics and whether the policyholder renewed or lapsed. It wants a model that estimates, for each upcoming renewal, whether the policy will lapse. What kind of statistical learning problem is this?

  • A) Supervised classification
  • B) Supervised regression
  • C) Unsupervised clustering
  • D) Unsupervised dimension reduction

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