Actuarial Data Science

Bridging the Gap between Actuarial and Data Science

Sat 03 March 2018

Beware of hidden non-linearities!

Posted by Pieter Marres in Articles   

In many practical applications, assuming a linear relationship between variables can simplify problem solving significantly. During a recent project I learned things can go wrong when this assumption is made silently while the real world out there turns out to behave non-linear.