Title of article :
A STUDY ON FUZZY ROBUST REGRESSION AND ITS APPLICATION TO INSURANCE
Author/Authors :
Kula, Kamile Şanlı Ahi Evran University - Department of Mathematics, TURKEY , Tank, Fatih Ankara Üniversitesi - Department of Statistics, TURKEY , Dalkılıç, Türkan Erbay Karadeniz Technical University - Department of Statistics and Computer Sciences, TURKEY
Abstract :
In this study, a fuzzy robust regression method is proposed to construct a model that describes the relation between dependent and independent variables in insurance. Fuzzy robust regression suggested as an alternative to not only ordinary least squares but also classical robust regression. Fuzzy robust regression is finally investigated and discussed by an example with real data arose from a well-known insurance company in Turkey.
Keywords :
robust regression , fuzzy regression , membership function , insurance
Journal title :
mathematical and computational applications
Journal title :
mathematical and computational applications
