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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

What percent of people live to be 84?

The percentage of people who live to be 84 can vary depending on factors such as gender, geographic location, socioeconomic status, and overall health. In general, life expectancy tables show that a significant portion of the population can expect to reach age 84. For example, in the United States, around 30-40% of individuals who reach age 65 can expect to live to age 84 based on current mortality rates.

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.

Is actuary exam tough?

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."