Giter VIP home page Giter VIP logo

kedarghule / statistical-analysis-of-insurance-claims Goto Github PK

View Code? Open in Web Editor NEW
0.0 1.0 0.0 1.07 MB

This project explores the data of medical insurance claims. Descriptive Analysis, Exploratory data analysis, Univariate, Bivariate and multivariate analysis is performed to explore the data and how different features are correlated to each other. Finally, hypothesis testing is performed by employing t-test, Chi-squared test and One-way ANOVA.

Jupyter Notebook 100.00%
bivariate-analysis chi-square-test exploratory-data-analysis hypothesis-testing one-way-anova t-tests univariate-analysis

statistical-analysis-of-insurance-claims's Introduction

Statistical-Analysis-of-Insurance-Claims

Problem Statement

Leveraging customer information is of paramount importance for most businesses. In the case of an insurance company, attributes of customers like the ones in the given dataset below can be crucial in making business decisions. The problem statement aims at finding out different relationships and correlations between the different attributes in the dataset and gather information about the dataset.

Dataset

Link to Dataset: https://www.kaggle.com/datasets/mirichoi0218/insurance

Dataset Information:

  • age: age of primary beneficiary

  • sex: insurance contractor gender, female, male

  • bmi: Body mass index, providing an understanding of body, weights that are relatively high or low relative to height, objective index of body weight (kg / m ^ 2) using the ratio of height to weight, ideally 18.5 to 24.9

  • children: Number of children covered by health insurance / Number of dependents

  • smoker: Smoking

  • region: the beneficiary's residential area in the US, northeast, southeast, southwest, northwest.

  • charges: Individual medical costs billed by health insurance

Our dataset has the following types of variables:

  • Categorical varibles: sex, smoker, region, children
  • Quantitative variables: age, bmi, charges. Here children is a discrete variable where as age, bmi, and charges are continous variables.

Descriptive Statistics

image

image

Exploratory Data Analysis

Univariate Analysis

Box Plot

image

Histogram and Rug Plot

image image image image

Bar Plot

image

Bivariate and Multivariate Analysis

Correlation among Features

image

Pair Plot

image image

Sex vs All Numerical Features

image image

Smokers vs All Numerical Features

image image

Region vs All Numerical Features

image image

Comparing Categorical Features

image image image image image

Comparing Numerical Features and Categorical Features

image image image image image

BMI by Age Group Comparison

image

Age Group by Charges Comparison

image

More EDA

image image image image image

Statistical Analysis

image image image image image image image image

statistical-analysis-of-insurance-claims's People

Contributors

kedarghule avatar

Watchers

 avatar

Recommend Projects

  • React photo React

    A declarative, efficient, and flexible JavaScript library for building user interfaces.

  • Vue.js photo Vue.js

    ๐Ÿ–– Vue.js is a progressive, incrementally-adoptable JavaScript framework for building UI on the web.

  • Typescript photo Typescript

    TypeScript is a superset of JavaScript that compiles to clean JavaScript output.

  • TensorFlow photo TensorFlow

    An Open Source Machine Learning Framework for Everyone

  • Django photo Django

    The Web framework for perfectionists with deadlines.

  • D3 photo D3

    Bring data to life with SVG, Canvas and HTML. ๐Ÿ“Š๐Ÿ“ˆ๐ŸŽ‰

Recommend Topics

  • javascript

    JavaScript (JS) is a lightweight interpreted programming language with first-class functions.

  • web

    Some thing interesting about web. New door for the world.

  • server

    A server is a program made to process requests and deliver data to clients.

  • Machine learning

    Machine learning is a way of modeling and interpreting data that allows a piece of software to respond intelligently.

  • Game

    Some thing interesting about game, make everyone happy.

Recommend Org

  • Facebook photo Facebook

    We are working to build community through open source technology. NB: members must have two-factor auth.

  • Microsoft photo Microsoft

    Open source projects and samples from Microsoft.

  • Google photo Google

    Google โค๏ธ Open Source for everyone.

  • D3 photo D3

    Data-Driven Documents codes.