GO Data Data can be defined as groups of information that represent the qualitative or quantitative attributes of a variable or set of variables, which is the same as saying that data can be any set of information that describes a given entity. Data in statistics can be classified into grouped data and ungrouped data. Any data that you first gather is ungrouped data. Ungrouped data is data in the raw.
Casualty actuaries deal with catastrophic or unnatural risks that can occur to people or property. Actuaries use skills in mathematics, economics, finance, probability and statistics, and business to assess the risk of certain events occurring. I enjoy my job and look forward to a new set of challenges each day.
Actuaries apply mathematical and statistical theories to solve real business problems. Actuaries assemble and analyze data to estimate the probability and likely cost of an event such as death, sickness, injury, disability, or loss of property.
They also address financial questions; including those involving the way a company should invest its resources to maximize its return on investments.
Actuaries need a strong foundation in mathematics, statistics, and general business. Coursework in computer science, writing, and public speaking are also helpful.
Using their broad knowledge of statistics, finance, and business, actuaries help design insurance policies, pension plans, and other financial strategies in a manner which will help ensure that the plans are maintained on a sound financial basis.
Ina Wall Street Journal survey on the best jobs in the United States listed an actuary as the second best job.Statistics Coursework Free Sample 4 The statistic box for the graph (above) shows that: The mean height of people in lower sets is m.
The standard deviation of heights is , which means that on. Correlation of Height and Shoe SizeIntroduction:There have been claims that you can tell how tall a person will be just by looking at their shoe size.
On average, a tall person is figured to have bigger feet than a shorter person. You would do better with continuous data, such as height, weight, exam results, etc, or at least something you could measure.
For example, for my coursework I had hypotheses like "height correlates with weight", "boys are taller than girls", and for my other coursework, "pupils did better in . Data analysis and statistics worksheets have exclusive topics like tally marks, graphs, central tendency, box-whisker, stem-leaf, Venn diagram, permutation, combination, probability and more.
Tables and charts are very useful in organising datas. Most calculations in mathematics and science are done with the use of the tables and charts. Calculations can be made more easier with these tables and also it is more helpful to access any organised data like logarithms.
Statistics Essays Analysis of Data – UK Essays The data set is a list of 30 children 39;s gender, age, height, the data weight, upper and lower limb lengths, eye colour, like of chocolate or not nbsp; Understanding Context: Experimental Biology and Statistics Coming from a Maths background, Statistics has always been part of my coursework.