Calibration of rainfall in weather index - based micro - insurance for agriculture

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dc.contributor.authorNg'ang'a, Wanjiru
dc.date.accessioned2016-03-02T13:58:06Z
dc.date.available2016-03-02T13:58:06Z
dc.date.issued2015-11
dc.descriptionA research project submitted in partial fulfillment of the requirements for the Degree of Bachelor of Business Science Actuarial at Strathmore Universityen_US
dc.description.abstractThis project presents the calibration of rainfall in weather index-based micro-insurance for agriculture in Kenya. It simply seeks to determine if rainfall alone is a significant factor in order to use it as an index that will determine indemnity payments when an event arises. Using linear regression the study found the relationship between expected yield and rainfall, thereafter a payment index was calibrated. The results showed that rainfall is a significant factor in determining the yield of a crop in Kenya and would be a very useful product in micro-insurance for agriculture in Kenya. It is recommended that this product should be administered in different geographic framing regions in Kenya having tailor made the index to the specific region's specifications.en_US
dc.identifier.urihttp://hdl.handle.net/11071/4282
dc.language.isoenen_US
dc.publisherStrathmore Universityen_US
dc.subjectCalibrationen_US
dc.subjectRainfallen_US
dc.subjectWeatheren_US
dc.subjectIndex - baseden_US
dc.subjectMicro - insuranceen_US
dc.subjectAgricultureen_US
dc.titleCalibration of rainfall in weather index - based micro - insurance for agricultureen_US
dc.typeOtheren_US
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