This example uses the prepped data set from the Example of prepping data. Complete the following steps to explore data with the Graph Builder.
This histogram shows the three distinct distributions by channel.
This pie chart shows the percentages of the three channel types.
From the graphical visualizations, there appears to be a difference in the amount of time it takes to close a claim that depends on the channel. To statistically test this difference, the insurance company performs a one-way ANOVA test.
AI technology may make mistakes, it is the user’s responsibility to ensure the output is accurate, appropriate, and meets your organization’s standards, expectations, and requirements.
Because there is a significant difference between channels, the team wants to explore how to open more claims online versus through a broker or over the phone. Go to Example of brainstorming ideas.