MAS-I · Extended Linear Models · Free Lesson

Interpret exploratory data analysis plots for various data types (e.g., box, univariate, histograms).

Free CAS MAS-I (Modern Actuarial Statistics I) lesson in Extended Linear Models. 17 min read, ~2,551 words.

Before you fit a GLM, you look. A few well-chosen plots tell you whether a covariate is skewed, whether a target is over-dispersed, and whether a categorical level is too sparse to trust. MAS-I rewards candidates who can read these plots fluently.

Why EDA before modeling. A GLM assumes a link, a variance function, and (often) a particular distributional family. EDA checks those assumptions cheaply. A histogram that looks log-normal makes a gamma GLM with log link plausible. A box plot showing fat upper tails warns that a Poisson model will be over-dispersed and a negative binomial may fit better.

KEY: EDA is descriptive, not inferential. You are not testing hypotheses yet. You are deciding which model family to try and which covariates need transforming.

Histograms for continuous data. A histogram bins observations and draws a bar whose height equals frequency (or relative frequency, or density). You read three things off a histogram:

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Worked examples and practice. Free with a free account, no card.

Common mistakes

Bottom line

Exam shortcut

If the question describes a tall left side of the box, a short whisker below, and a long whisker above, answer "right-skewed" and move on; do not search for additional statistics. When a box plot or histogram shows variance that grows with the mean, the exam usually wants a log link or a gamma family next, not deletion of points.

The full lesson (about 2,551 words, 17 min read) adds 2 worked examples, all 6 common mistakes, a self-check, free in the app.

Learning objectives

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