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Complete Guide on Actuarial Science and Related Topics
Actuarial science is the application of mathematical and statistical methods in the insurance industry.
What is Actuarial Science?
Actuarial science is a profession in which financial or statistical skills are utilized to assess risk and uncertainty. Actuarial scientists provide evaluations of financial and social systems for insurance, government, or other businesses. Actuarial science is not restricted to one particular field. In fact, it may be the only profession that applies mathematics to nearly every area of business!
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