IMPROVING THE PERFORMANCE OF THE SUPPORT VECTOR MACHINE IN INSURANCE RISK CLASSIFICATION A Comparitive Study

Mlungisi Duma, Bhekisipho Twala, Tshilidzi Marwala, Fulufhelo V. Nelwamondo

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The support vector machine is a classification technique used in linear and non- linear complex problems. It was shown that the performance of the technique decreases significantly in the presence of escalating missing data in the insurance domain. Furthermore the resilience of the technique when the quality of the data deteriorates is weak. When dealing with missing data, the support vector machine uses the mean-mode strategy to replace missing values. In this paper, we propose the use of the autoassociative network and the genetic algorithm as alternative strategies to help improve the classification performance as well as increase the resilience of the technique. A comparative study is conducted to see which of the techniques helps the support vector machine improve in performance and sustain resilience. The training data with completely observable data is used to construct the support vector machine and testing data with missing values is used to measuring the accuracy. The results show that both models help increase resilience with the autoassociative network showing better overall performance improvement.

Original languageEnglish
Title of host publicationIn Proceedings of the International Conference on Evolutionary Computation Theory and Applications, ECTA 2011
EditorsAgostinho Rosa
PublisherScience and Technology Publications, Lda
Pages340-346
Number of pages7
ISBN (Print)9789898425836
DOIs
Publication statusPublished - 2011
EventInternational Conference on Evolutionary Computation Theory and Applications, ECTA 2011 - Paris, France
Duration: 24 Oct 201126 Oct 2011

Publication series

NameInternational Joint Conference on Computational Intelligence
Volume1
ISSN (Electronic)2184-3236

Conference

ConferenceInternational Conference on Evolutionary Computation Theory and Applications, ECTA 2011
Country/TerritoryFrance
CityParis
Period24/10/1126/10/11

Keywords

  • Artificial neural network
  • Autoassociative network
  • Genetic algorithms
  • Missing data
  • Principal component analysis
  • Support vector machine

ASJC Scopus subject areas

  • Artificial Intelligence
  • Computational Theory and Mathematics

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