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What are some jobs that involve probability?
Actuaries, Mathematicians, Scientists, Financial Advisers, Physicians
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.
How much does an actuary get paid every year?
Experienced actuaries can earn anywhere from $150,000 to $250,000 per year.
Can an actuarial scientist work in a central bank?
Normally a central bank does not offer insurance policies and therefore does not need actuaries.
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.
