by Adam | Nov 30, 2018 | Blog
What is Regression Analysis? The regression analysis is a statistical method that can estimate the relationship between two or more variables. This method can provide a better understanding of how the value of the dependent variable changes, when one of the...
by Ugur | Nov 29, 2018 | Blog
Life Insurance Quoting Software development is challenging because of two main reasons. First, most life insurance quoting calculations are difficult and depend on many factors. Incorporating many factors and tying them to various databases can be a daunting task for...
by Adam | Nov 27, 2018 | Blog
What is a Sparkline?A sparkline, also known as an ‘inline chart’, is a very small chart that can fit inside a single cell. Sparklines are drawn without axes or coordinates to give an immediate visual representation of trends in data. The idea behind this...
by Adam | Nov 26, 2018 | Blog
What is a Pareto Chart?A Pareto Chart is a combination of a bar and a line charts, essentially using both in a single visualization. This chart type is especially useful for comparing the importance of items against other factors. Ideally suited for tracking...
by Ugur | Nov 21, 2018 | Blog
Most actuaries are experts in Excel and love the tool. Actuarial model one of the most common usages of the software, since it makes it a breeze to build complex mathematical models and test them under various conditions. In this article, I will walk you through...
by Adam | Nov 20, 2018 | Blog
What is a Heat Map? A heat map is a two-dimensional graphical representation of data, where values are represented by a color scale in a matrix layout. Color-coded cells allow easily identifying the outliers and see the patterns in your data. Excel’s cell-based matrix...
by Ugur | Nov 12, 2018 | Blog
Insurance operations often rely heavily on complex business logic. For example, actuaries analyze large amounts of internal and external data in order to estimate base rates and various factors for their insurance products. They develop rating and quoting algorithms...
by Adam | Nov 2, 2018 | Blog
SpreadsheetWEB has been shipping with its own built-in data visualizations tools for years now. Collecting data with your applications, and then creating dashboards using that data effortlessly is a boon for every SpreadsheetWEB user. With version 6.3, we had...
by Adam | Oct 26, 2018 | Blog
Questionnaires are a great way to collect customer insight or gather key information from others. There are many online tools to build and distribute questionnaires. However, they typically work well if your questionnaire doesn’t have too many questions, or lacks...
