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What is the Uses of probability?
The uses of probability could be for the lottery, black jack or, your math homework. Actuaries use probability factors to determine costs and risks. It is an entire science of its own and has a certification process. Insurance companies hire many actuaries to do probability calculations and create mortality tables.
What are the use of probability?
The uses of probability could be for the lottery, black jack or, your math homework. Actuaries use probability factors to determine costs and risks. It is an entire science of its own and has a certification process. Insurance companies hire many actuaries to do probability calculations and create mortality tables.
When did Faculty of Actuaries end?
Faculty of Actuaries ended in 2010.
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."
Do scientists and engineers use math everyday or not?
everyday they use math
