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One can enter the actuarial profession with only a bachelor's degree, usually in mathematics, finance, statistics, or some other quantitative field. However, becoming a fully qualified actuary requires passing a series of examinations that can take several years to complete.

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What is the income of an actuary?

The income of an actuary varies based on factors such as experience, education, and geographic location. In the United States, entry-level actuaries typically earn between $60,000 and $80,000 annually, while experienced actuaries can make anywhere from $100,000 to over $200,000. Specialized roles or leadership positions in large firms may offer even higher salaries. Overall, actuaries are among the higher-paid professionals in the finance and insurance sectors.


How much does an insurance Actuary make a year?

As of 2023, the annual salary for an insurance actuary typically ranges from $70,000 to over $150,000, depending on factors such as experience, education, and location. Entry-level actuaries often start at lower salaries, while those with several years of experience or specialized skills can earn significantly more. Additionally, actuaries who achieve professional certification tend to command higher salaries. Overall, the field of actuarial science is known for its strong earning potential and job stability.


How much does an associate actuary make in Ontario?

As of 2023, the salary for an associate actuary in Ontario typically ranges from CAD 60,000 to CAD 90,000 per year, depending on factors such as experience, employer, and specific industry. Entry-level positions might start at the lower end of this range, while those with more experience or in specialized roles may earn higher salaries. Additionally, benefits and bonuses can contribute to overall compensation.


What is the lowest level of measurement required to determine the mode?

The nominal scale.


Which of these is true of unclassified data?

Aggregating it may raise its classification level

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