Question The data gives the details of third party motor insurance claims in Sweden for the year 1977. In Sweden, all motor insurance companies apply identical risk arguments to classify customers, and thus their portfolios and their claims statistics can be combined. The data were compiled by a Swedish Committee on the Analysis of Risk Premium in Motor Insurance. The Committee was asked to look into the problem of analyzing the real influence on the claims of the risk arguments and to compare this structure with the actual tariff. The insurance dataset holds 7 variables and the description of these variables are given below: Variable Description Kilometers Kilometers travelled per year 1: 25000 Zone Geographical zone : Stockholm, Goteborg, and Malmo with surroundings : Other large cities with surroundings : Smaller cities with surroundings in southern Sweden : Rural areas in southern Sweden : Smaller cities with surroundings in northern Sweden : Rural areas in northern Sweden :Gotland NJOWU'l-bLMMH