Data Mining Isnt A Cookbook Activity

Data Mining Isnt A Cookbook Activity















response

predictors





.

Business Understanding:



Data Understanding:





Data Preparation:

Modeling:



Evaluation:















Deployment:



Jim King (james.king@ey.com) is a senior consulting actuary in the Actuarial Services Group, and Orin Linden (orin.linden@ey.com) is director of property-casualty actuarial services for New York-based Ernst & Young LLP.

---

Reproduced from National Underwriter Property & Casualty/Risk & Benefits Management Edition, September 30, 2002. Copyright 2002 by The National Underwriter Company in the serial publication. All rights reserved.Copyright in this article as an independent work may be held by the author.

---