simulate_covariates function

Covariates Simulation

Simulates covariates for each claim. The relative occurrence of each combination of covariates is given the frequency relativities of the covariates.

simulate_covariates(
  covariates,
  frequency_vector = 1,
  claim_size_list = list(1)
)

Arguments

• covariates: a covariates object, which stores the frequency and severity relativities for given covariate levels.
• frequency_vector: a vector in the same output as claim_frequency.
• claim_size_list: optional if frequency_vector is not inputted. A list in the same output as claim_size.

Returns

Returns a covariates_data object.