classification of imbalanced data applied to insurance market
Miriam Dessi'
classification of imbalanced data applied to insurance market.
Rel. Luca Cagliero. Politecnico di Torino, Corso di laurea magistrale in Ingegneria Matematica, 2019
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Abstract
The class imbalanced problem can be considered one of the top problem in data mining today, as it is present in many real-world domains such as computer science, epidemiology, finance and so on. This has brought along a growth attention from both academia and industry. In this master thesis a critical study of the nature of the problem, the state-of-art solutions, an explanation of specif measure of performance and a real application of this problem has been carried out. In particular in the first part of the work a discussion about the problem of data imbalanced itself have been presented. We will analyze how the skewed distribution affects standard classification learning algorithms that are generally biased towards majority class.
The reason is generally rooted inside the classifier's learning process structure, that it is often built with the prospective to optimize global metrics such as accuracy
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