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# Example Datasets | ||
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This folder includes | ||
- 5 example datasets generated with our favourite random seed 42 (with one for each scenario; see description below) as `.csv` files for the convenience of users. | ||
- `generate_datasets.R` has the code used to generate the datasets in `complexity_1` to `complexity_5`. | ||
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# Data Generation | ||
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[`SPLICE`](https://CRAN.R-project.org/package=SPLICE) v1.1.0+ provides a `generate_data()` function which produces datasets of varying levels of complexity, where 1 represents the simplest, and 5 represents the most complex: | ||
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- **Scenario 1**: simple, homogeneous claims experience, with zero inflation. | ||
- **Scenario 2**: slightly more complex than 1, with dependence of notification delay and settlement delay on claim size, and 2% p.a. base inflation. | ||
- **Scenario 3**: steady increase in claim processing speed over occurrence periods (i.e. steady decline in settlement delays). | ||
- **Scenario 4**: inflation shock at time 30 (from 0% to 10% p.a.). | ||
- **Scenario 5**: default distributional models, with complex dependence structures (e.g. dependence of settlement delay on claim occurrence period). | ||
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We refer to the paper and package documentation for more details. |