Predicting insurance claim costs (linear models)

An insurance company with limited resources to investigate homeowners' insurance claims wants to build a model for estimating claims costs. By deploying this model to service centers, representatives can enter claim information while on the phone with a customer and immediately obtain the expected cost of the claim based on past data. They have a sample of information on previous claims collected in insurance_claims.sav. See the topic Sample Files for more information.

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