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What is a statistician who calculates commercial risks and probabilities involving uncertain future events called especially for insurance purposes called?
actuary
What is the difference between statistician and a probabilist?
I'm not sure a probablist is a correct term. I would like to consider the difference between a statistician and a specialist in probability theory. The short answer is the statistician works with data while the specialist in probability theory works more with individual assumed or known probabilities. Here's the longer answer: The statistician typically is seeking to draw conclusions from collected data. The discipline of statistics includes all phases of a study, from design, collection, analysis, and presentation. A statisician however, may also try to improve the methods of analysis, so he will be involved in probability theory. The statistician may work in many fields, including medicine, epidemiology, pharmacy (tests of new drugs), engineering, insurance, sociology, marketing. The specialist in probability theory (or probability theorist) may draw conclusions from an understanding or reasonable assumptions of the outcome of a system or probability of events from an understanding of the probability of underlying components. This might sound a bit complicated, but the specialist can tell you how much you can expect to lose if you play the lottery, or any other game of chance. He does this by knowing the probabilities of the underlying event of chosing a winning number. The related link mentions two area of applications: risk analysis and commodities trading. More broadly, the areas of probability analysis using both Monte-Carlo simulation and analytical means, have applications in many areas environmental systems, operations research applications, valuation of financial derivatives involving risk, and more recently, stochastic simulation of chemical reactions and bioinformatics (computer related work with DNA). Please check the related links. You can find much more from links on the internet.
Why does dimensional analysis work for calculations involving rates?
Why does dimensional analysis work for calculations involving rates
What is the different rules involving equations?
after
When you slove a problem involving money what can a negative answer represent?
When solving a problem involving money, a negative answer can represent an overdrawn account or an amount owed.
What is a statistician who calculates commercial risks and probabilities involving uncertain future events called especially for insurance purposes called?
actuary
What is the difference between statistician and a probabilist?
I'm not sure a probablist is a correct term. I would like to consider the difference between a statistician and a specialist in probability theory. The short answer is the statistician works with data while the specialist in probability theory works more with individual assumed or known probabilities. Here's the longer answer: The statistician typically is seeking to draw conclusions from collected data. The discipline of statistics includes all phases of a study, from design, collection, analysis, and presentation. A statisician however, may also try to improve the methods of analysis, so he will be involved in probability theory. The statistician may work in many fields, including medicine, epidemiology, pharmacy (tests of new drugs), engineering, insurance, sociology, marketing. The specialist in probability theory (or probability theorist) may draw conclusions from an understanding or reasonable assumptions of the outcome of a system or probability of events from an understanding of the probability of underlying components. This might sound a bit complicated, but the specialist can tell you how much you can expect to lose if you play the lottery, or any other game of chance. He does this by knowing the probabilities of the underlying event of chosing a winning number. The related link mentions two area of applications: risk analysis and commodities trading. More broadly, the areas of probability analysis using both Monte-Carlo simulation and analytical means, have applications in many areas environmental systems, operations research applications, valuation of financial derivatives involving risk, and more recently, stochastic simulation of chemical reactions and bioinformatics (computer related work with DNA). Please check the related links. You can find much more from links on the internet.
What are good jobs involving commercial aircraft?
Scenic tours, sky diving usual aeroplane service, search and rescue
What is accountable transaction?
Any commercial transaction involving payment or receipt of cash towards availing of a product or service is an accountable transaction
Law that governs the sale of goods?
The sale of goods is typically governed by the Uniform Commercial Code (UCC) in the United States. The UCC provides a set of rules and regulations that standardize commercial transactions involving the sale of goods across states.
Difference between industrial and commercial operation conditions?
The term industrial generally pertains to operations involving manufacturing or repair. The term Commercial is much broader, and may include operations such as retail, office, warehouse, etc.
What does missions mean?
# task or goal assigned to, or taken on by, a person or group. # a journey undertaken as part of this. # a person's aim in life, their vocation, their mission in life # a group of people sent, especially to a foreign country, to conduct negotiations. # an area of missionary activity # a missionary post or organisation An important assignment carried out for political, religious, or commercial purposes, typically involving travel. An important assignment carried out for political, religious, or commercial purposes, typically involving travel.
What is the difference between a commercial printer and a consumer printer?
Consumer printers are usually hooked up to your pc or your network directly.Commercial printing is done with various steps,often involving preset conditions.
What information is made available by Property Week?
Property Week is an UK news company which keeps the world up to date with news, events and data involving the commercial property market of the United Kingdom.
What qualifications do you need to have a job involving film and animation?
involving how?
How do you use Involving in a sentence?
This novel is very "involving". Making x is a very complex process, "involving" lots of time and effort.
What is the background music for newest commercial on the Discovery Channel involving the du UAE it almost has a classical feel to it.i want to find it and dowload it.thanks?
Samuel Barber, "Adagio for Strings" http://en.wikipedia.org/wiki/Adagio_for_Strings
