Continuous/Categorical
In the section "Interacting a Categorical Variable with a Continuous Variable",
"For this model, the log(AoI) curve is in relation to the base class for sprinklers (i.e. No Sprinklers). The coefficient of the interaction term is estimated as -0.1032, so the AoI curve is less steep when sprinklers are present than otherwise. The mean claim frequency curve is proportional to AoI^0.3207 =AoI ^ 0.4239+−0.1032 when there is a sprinkler, and AoI^0.4239 when there is no sprinkler."
Why is not AoI^0.4239 * exp (-0.1032) ?
Comments
Never mind, -0.1032 is the interaction term... I was looking at the wrong row!