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Actuaries
Actuaries use math and statistics to calculate the odds that an event will happen. They design insurance programs and pension plans. They calculate how much insurance should cost, study statistics and calculate the odds of fires or other natural disasters occurring.
145 Questions
How do you use actuary in a sentence?
An actuary is a person, employed by an insurance company, to assess the risk, and decide on the rate of premium.
What percent of people live to be 84?
About 20% of people in the United States live to be 84 years old. However, life expectancy varies by country and region, so this percentage may differ globally.
In the broad scheme of things, yes. There are many exams to take, each requiring about 100 hours of study per hour of examination. It is not uncommon to study upwards of 200-400 hours to ensure a passing mark. Even then only about 40% of people pass each sitting.
What is an actuary on a Chrysler Concorde air conditioner?
Actuary: Type of legal clerk.
Chrysler Concord: Type of Automobile.
I think you may mean actuator, There are several types.
- There are air director doors in the AC and Heating system that are moved by an actuator
- The expansion valve is a type of actuator
- The magnetic clutch on the AC compressor is and actuator
And several others
What does actuarial work involve?
"Actuaries are skilled business people who do assessments of risk and security in the financial areas of businesses. It involves quality math skills, a good understanding of business, and membership depends on the country."
