What does an insurance actuary do?

Answers

Answer 1

Answer:

An insurance actuary is a professional that analyzes financial risk using mathematics, statistics, and financial theories.

Step-by-step explanation:

Most actuaries work in the insurance industry and help insurance companies create and price insurance policies based on the likelihood that they will have to pay out claims.

Hope this helped!!!


Related Questions

I made a fort by connecting two boxes. The first box is 5 meters long, 9 meters wide, and 9 meters high. The second box is 3 meters long, 8 meters wide, and 2 meters high.

Answers

Complete question :

I made a fort by connecting two boxes. The first box is 5 meters long, 9 meters wide, and 9 meters high. The second box is 3 meters long, 8 meters wide, and 2 meters high. How many cubic meters of space does my fort have?

Answer:

453 m³

Step-by-step explanation:

Volume of first box :

Volume = Length * width * height

Volume = 5 * 9 * 9

Volume = 405 m³

Volume of second box :

Volume = Length * width * height

Volume = 3 * 8 * 2

Volume = 48 m³

Total volume :

405m³ + 48m³ = 453m³

y = 3x - 5 and y = 4x.

Answers

Answer: x = -5

New Equation (after substituting) 4x = 3x - 5

Subtract 3x from both sides

x = -5

f ( x ) = − x 2 − 12 Find f ( − 3 )

Answers

Answer:

f(-3)=-21

Step-by-step explanation:

f(x)=-x2-12

f(-3)=-(-3)2-12

f(-3)=-9-12

f(-3)=-21

Answer:

-3

Step-by-step explanation:

x=-3 substitute in the equation

+3 squared-12=-3

(PLZ I NEED HELP QUICLY) Angela lives in a remote area serviced by only two cell phone towers. Tower 1 is located 5 miles west and 2 miles south of her home and transmits a signal for 12 miles. Tower 2 is located 8 miles east and 7 miles north of her home and transmits a signal for 10 miles. Consider the location of Angela’s house to be (0, 0) on a coordinate grid. The system of inequalities represents this scenario.
Angela travels to a friend’s house, which is 4 miles east and 8 miles north of her house. Will Angela have cell phone service at her friend’s house?

A. Angela will not have any cell phone service.
B. Angela will have cell phone service from tower 1 only.
C. Angela will have cell phone service from tower 2 only.
D. will have cell phone service from both towers.

Answers

Angela will have cell phone service from tower 2 only , Option C is the answer.

What is an Inequality ?

An inequality is an algebraic expression connected to another algebraic expression with an inequality operator.

The two inequalities given are

(x+5)² + (y+2)² ≤ 144

(x-8)² +(y-7)²  ≤100

The inequalities are plotted on the graph

and the location of Angels's Friends ( 4 , 8) is also plotted

If this lies in the area of the Inequalities she will have signal.

At Angela's friends house she will have the signal of Tower 2 only.

Therefore Option C is the answer.

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Pls help, question on picture, will do brainliest if right
no links!!!!!

Answers

Answer:

12/13

Step-by-step explanation:

side² = 13² - 5² = 169 - 25 = 144

side = √144 = 12

sin ∅ = 12/13








Find the probability a randomly selected z-score is between -1 and 1.2. 0.7781 None of these 0.7019 0.7761 0.7263

Answers

To find the probability a randomly selected z-score is between -1 and 1.2, we need to use the standard normal distribution table.

A standard normal distribution table shows the area to the left of the z-score. To find the area between two z-scores, we need to find the area to the left of the larger z-score and subtract the area to the left of the smaller z-score. So, the probability that a randomly selected z-score is between -1 and 1.2 is given by: P(-1 ≤ z ≤ 1.2) = P(z ≤ 1.2) - P(z ≤ -1)

Using the standard normal distribution table, we get: P(-1 ≤ z ≤ 1.2) = 0.8849 - 0.1587 = 0.7262. Therefore, the probability that a randomly selected z-score is between -1 and 1.2 is approximately 0.7263, which is the closest option to our answer. The correct option is option D.

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An electrical firm manufactures light bulbs that have a lifetime that 15 approximately normally distnbuted with a mean of 850 hours and a standard deviation of 44 hours. Test the hypothesis that 850 hours against the alternative.

Answers

Answer :  The lifetime of light bulbs is approximately normally distributed with a mean of 850 hours and a standard deviation of 44 hours.

Explanation:

Given that the mean lifetime of light bulbs is 850 hours with a standard deviation of 44 hours and it is normally distributed. We need to test the hypothesis that 850 hours against the alternative.

Therefore, we need to use a hypothesis test for mean. Let us assume a null hypothesis and an alternative hypothesis for the given data.

Null Hypothesis : The null hypothesis H0 states that there is no significant difference between the mean lifetime of light bulbs and the hypothesized value of 850 hours.                                                                                                               Mathematically, it is expressed asH0: μ = 850    

Alternative Hypothesis : The alternative hypothesis Ha states that there is a significant difference between the mean lifetime of light bulbs and the hypothesized value of 850 hours.                                                                                      Mathematically, it is expressed asHa: μ ≠ 850Here, μ represents the population mean and is equal to 850.                                                We know that Z-score is given as, Z = (x - μ)/σwhere x = Sample Mean, μ = Population Mean, σ = Standard Deviation

Now, we need to find the Z-score for the given data. Z = (x - μ)/σZ = (15 - 850)/44Z = -18.75As we know that the area under the curve at 5% level of significance on each tail is 0.025 and the Z-score corresponding to this is ±1.96. The rejection region is in the left tail of the curve and the right tail of the curve.

Hence the critical value of Z at 5% level of significance for a two-tailed test is ±1.96. Z critical value = ±1.96Since the calculated value of Z is less than the critical value of Z, we fail to reject the null hypothesis. Hence, we can conclude that the lifetime of light bulbs is approximately normally distributed with a mean of 850 hours and a standard deviation of 44 hours.

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Consider the following system of linear equations given by:
3,5x12 +23 3x1 +102 +53 3x1+3x2+7, 25x3 0: = 4; (1)
(a) Verify that the system described by Eq. (1) admits a unique solution.
(b) Determine the solution using Gaussian elimination.
(c) Determine an approximation to the solution, with 3 iterations x
(5), using the Methods of
Gauss-Jacobi and Gauss-Seidel with x(0) = [x1(0)1, x2(0), x3(0)]>= [d1, d2, d3]>, where d1 is the first digit of your code. person, d2 is the second digit of your code. of person and d3 is the third digit of your code. of person.
(d) What is the maximum error made in each of the methods? Use the estimate calculation of the
error (absolute or relative) to compose the analysis.
(e) Analyze the results found in (b) and (c), commenting on the differences.
(f) What strategy would you recommend to reduce the maximum error obtained? Justify the recommendation.
(g) Considering the results found, which method do you consider more efficient in solving of the problem?

Answers

The system of linear equations admits an unique solution.

The system of linear equations given by:

-x + 3y = 7   ------------------------(1)

2x + y = 4   ------------------------(2)

We can find whether the system of linear equations admits a unique solution or not by using any one of the methods such as elimination, substitution or matrices.

For this question, we can solve the given system of equations using the substitution method:

From Eq. (2), we get:

y = 4 - 2x   ------------------------(3)

Substituting Eq. (3) into Eq. (1), we get:

-x + 3(4 - 2x) = 7

=> -x + 12 - 6x = 7  

=> -7x = -5  

=> x = 5/7

Substituting the value of x in Eq. (3), we get:

y = 4 - 2(5/7)

=> y = 18/7

Therefore, the unique solution of the given system of linear equations is:x = 5/7 and y = 18/7.

Thus, the given system of linear equations admits a unique solution.

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2. Two points are shown on the coordinate plane. How any units apart are
Point A and Point B?*

Answers

Answer:

Step-by-step explanation:

Two parallel lines l and m are cut by a transversal t. If the interior angles of the same side of t are (2x−8)∘ and (3x−7)∘, find the measure of each of these angles.

Answers

Step-by-step explanation:

When two parallel lines are cut by a transversal, the interior angles on the same side of the transversal are supplementary. This means that their measures add up to 180 degrees.

In this case, the two interior angles on the same side of the transversal 't' are (2x-8) degrees and (3x-7) degrees. Since these angles are supplementary, we can write the equation (2x-8) + (3x-7) = 180.

Solving this equation for x, we get:

(2x-8) + (3x-7) = 180

5x - 15 = 180

5x = 195

x = 39

Substituting this value of x into the expressions for the two interior angles, we find that their measures are:

(2x-8) = (2*39 - 8) = 70 degrees

(3x-7) = (3*39 - 7) = 110 degrees

So, the measure of each of these angles is 70 degrees and 110 degrees.

What did the girl mushroom say about the boy mushroom after their first date

Answers

Answer:

what’d she say? xD

Step-by-step explanation:

The solution is, She said that he was a fun gi, the girl mushroom say about the boy mushroom after their first date.

What is mushrooms?

A mushroom is the reproductive structure produced by some fungi. It is somewhat like the fruit of a plant, except that the "seeds" it produces are in fact millions of microscopic spores that form in the gills or pores underneath the mushroom's cap.

here, we have,

She said that he was a fun gi.

This is a pun because fungi is a mushroom and here it is a play on words because of "fun guy" sounding the same as "fun gi".

Since they are both mushrooms, the joke stands and these types of puns are very common among people because of their simplicity.

The solution is, She said that he was a fun gi, the girl mushroom say about the boy mushroom after their first date.

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Which is missing from step 4?

Add the data for each interval.

Put a point on each line of the y-axis that has data.

Put the data in order in the table.

Create the bars.

Answers

Answer:

The answer u put in the thing is correct!

Step-by-step explanation:

100 POINTSSS PLZZZZZZZZZZZ

Answers

Answer:

The correct anser is B. (i think. sorry if wrong) have a wonderfull day. dont let them bring you down. your amazing just the way you are.

Step-by-step explanation:

Step-by-step explanation:

\blue{\large \rightarrow }\: \boxed{ \sf{ \frac{1}{v} + \frac{1}{u} = \frac{1}{f} }}

in the one-way anova f test for comparing several means, the alternative hypothesis states that group of answer choicesthe population means are not all equalthe sample means are not all equalthe sample means are all differentthe sample means are all equalthe population means are all differentthe population means are all equal

Answers

The alternative hypothesis in the one-way ANOVA F test states that the population means are not all equal.

In the one-way ANOVA F test, we are comparing the means of several groups or categories. The null hypothesis assumes that all population means are equal, while the alternative hypothesis suggests that there is a difference between at least two of the population means.

The alternative hypothesis can be stated as "the population means are not all equal," indicating that there is variability or disparity among the different groups being compared.

By rejecting the null hypothesis and accepting the alternative hypothesis in the one-way ANOVA F test, we conclude that there is evidence to suggest that the means of the different groups are not equal, indicating some form of group differentiation or distinction in the underlying populations.

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la suma de cuatro y el producto de tres y un número x

Answers

Answer:

4+3x esa es la suma de cuatro y el producto de tres y un número x

The Bungling Brothers Circus is in town and you are part of the crew that

is setting up its enormous tent. The center pole that holds up the tent

is 70 feet tall. To keep it upright, a support cable needs to be attached to

the top of the pole so that the cable forms a 60° angle with the ground.


a) How long is the cable?


b) How far from the pole should the cable be attached to the ground?

Answers

Answer:

a. 80.83 ft b. 40.42 ft

Step-by-step explanation:

Let h = height of pole = 70 ft, L = length of cable and x = distance of cable on ground to pole and Ф = angle between cable and ground.

a) How long is the cable?

Since L, h and x form a right-angled triangle with angle Ф and h being the opposite side to Ф and L being the hypotenuse side, by trigonometric ratios,

sinФ = h/L

L = h/sinФ

L = 70 ft/sin60°

L = 70 ft/0.8660

L = 80.83 ft

b) How far from the pole should the cable be attached to the ground?

Since L, h and x form a right-angled triangle with angle Ф and h being the opposite side to Ф and x being the adjacent side, by trigonometric ratios,

tanФ = h/x

x = h/tanФ

x = 70 ft/tan60°

x = 70 ft/1.7321

x = 40.42 ft

The length of the cable is 80.83 ft and the distance from the pole should the cable be attached to the ground is 40.42 ft and this can be determined by using the trigonometric function.

Given :

The Bungling Brothers Circus is in town and you are part of the crew that  is setting up its enormous tent. The center pole that holds up the tent  is 70 feet tall. To keep it upright, a support cable needs to be attached to  the top of the pole so that the cable forms a 60° angle with the ground.

a) The trigonometric function can be used in order to determine the length of the cable.

[tex]\rm sin\theta=\dfrac{h }{L}[/tex]

where h is the height of the pole, L is the length of the pole, and [tex]\theta[/tex] is the angle from the ground.

Substitute the known terms in the above expression.

[tex]\rm L=\dfrac{h }{sin\theta}[/tex]

[tex]\rm L = \dfrac{70}{sin60}[/tex]

L = 80.83 ft.

b) The trigonometric function can be used in order to determine the distance from the pole should the cable be attached to the ground.

[tex]\rm tan \alpha =\dfrac{h}{x}[/tex]

where x is the distance between pole and cable.

Substitute the known terms in the above expression.

[tex]\rm x = \dfrac{70}{tan 60 }[/tex]

x = 40.42 ft.

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Is the graph shown below that of a function?

Answers

Answer:

yes

Step-by-step explanation:

The two cones are similar. The smaller cone has a

surface area of 11. 74 inches

Complete the last step to determine the surface area of

the larger cone

3. 5 in.

1. The scale factor of the larger to the smaller is

Sor

2. The surface area will change by the square of the

scale factor, which is

3. Let the surface area of the larger cone be x.

Then, the proportion is = 11

4. Solve for x and round to the nearest hundredth.

The surface area of the larger cone is about

inches

Answers

The surface area of the larger cone is about 41.09 square inches.

To determine the surface area of the larger cone, we can set up a proportion based on the scale factor between the two cones. Let's call the scale factor "k".

From the given information, we know that the surface area of the smaller cone is 11.74 square inches and the surface area of the larger cone is unknown (let's call it "x" square inches).

Using the scale factor, we can write the proportion:

(11.74 / x) = (3.5 / 3.5)

Simplifying the proportion, we have:

11.74 = (x / 3.5)

To find the value of "x", we can cross-multiply:

x = 11.74 * 3.5

x ≈ 41.09

The surface area of the larger cone is approximately 41.09 square inches, rounded to the closest hundredth.

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determine which rate should be used to complete the conversion: 12 gallons per hour to gallons per minute.
A. 1 hour per 60 minutes
B. 60 minutes per 1 hour

Answers

B.....................

Ilsa withdraws $300 from an account that had a balance of $1,000. How much interest will she earn on the remaining balance at a simple annual interest rate of 1.8% over 3 years?

Answers

Answer:

37.8

Step-by-step explanation:

1000 - 300 = 700

I = Prt

I = (700)(1.8%)(3)

I = 37.8

if f(x) = x^2 which equation represents function g?
OA g(x) = f(2x)
OB. g(x) = f(4x)
Oc. g(x) = 2f(x)
OD. g(x) = f(1/2x)

Answers

Answer:

if f(x) = x^2 which equation represents function g?

Step-by-step explanation:

maby ( C) am not sure

The equation represents the function is g(x) = 3f(x).

What is Function?

A function is an expression, rule, or law in mathematics that describes a relationship between one variable (the independent variable) and another variable (the dependent variable). Functions are common in mathematics and are required for the formulation of physical relationships in the sciences.

We have,

Function, f(x) = x²

The function g(x) is compressed horizontally by a factor of 3, to get the function g(x)

g(x) = kf(x)

Where k = 3.

So, we have:

g(x) = 3f(x)

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the solution of the equation (x+3)2=7 is

Answers

Answer:

x=1/2

Step-by-step explanation:

The answer is X= 1/2

i need help the test is time and i have 5 min left can y'all pls help pls

Answers

Answer:

divide the figure into two parts.

area of square = side²

area of square =12²

area of square =144

area pf trapezium =1/2×(a+b)×h

area of trapezium =1/2×(12+6)×12

area of trapezium =108

area of polygon=144+108=252 unit²

What is the median for the following data set? 5,7,9,11,13,13

A. 10
B. 8
C. 9
D. 11

Answers

The answer is C.9 because 9+4=13 and 9-4=5 hope this helps

vocab word for this definetion

Answers

Answer:

whats the definition?

Step-by-step explanation:

Convert 312 quarts to gallons.

Answers

Answer:

78 gallons

Step-by-step explanation:

there are four quarts in one gallon. so, to convert 312 quarts to gallons you must divide by 4. The answer is 78 gallons.

I think the answer is 78

*Will mark brainliest* Can someone explain this to me?

Answers

251.33
Is right
Hope that helped XD

Dada la recta L1:x+(m+2)y=n−5 pasa por el punto (1,2) y que es paralelo a la recta L2:3y=2x−4. Determine m+n .

Answers

Answer:

-1/2

Step-by-step explanation:

The point slope form of equation of a line is expressed as;

[tex]y - y_{0} = m(x-x_0)[/tex]

m is the slope

(x₀, y₀) is the point on the line

Given

(x₀, y₀) = (1, 2)

Given the equation 3y = 2x - 4

Rewrite the equation

y = 2/3x - 4/3

mx = 2/3x

m = 2/3

The slope is 2/3

Substitute the slope and the point into the formula above

[tex]y -y_0 =m(x-x_0)\\y - 2 = 2/3(x - 1)\\3(y-2) = 2(x-1)\\3y - 6 = 2x - 2\\Swap\\2x - 2 = 3y - 6\\2x - 3y = -6 + 2\\2x - 3y = -4\\x - 3/2 y = -4/2\\x - 3/2 y= -2[/tex]

Compare the expression to x+(m+2)y=n−5

m + 2 = -3/2

m = -3/2 - 2

m = -7/2

Similarly

n - 5 = -2

n = -2 + 5

n = 3

m + n = -7/2 + 3

m + n = -1/2

hence the sum of m and n is -1/2

A fair coin is tossed five times. The event "A = getting all heads" has probability = 1/32. (a) Describe in words what the event AC is. At least one tail occurs in the five flips. At least four tails occur in the five flips. At least four heads occur in the five flips. Getting all tails. At least one head occurs in the five flips. (b) What is the probability of AC? (Enter your answer as a fraction.)

Answers

The event AC describes the scenario in which at least one tail occurs in the five coin flips.The probability of AC is 31/32.

(a) In words, the event AC describes the scenario in which at least one tail occurs in the five coin flips.

Event AC can also be written as {HTTTT, THTTT, TTHTT, TTTHT, TTTTH, HTTTH, HHTTT, THHTT, TTHHT, TTTHH, HTTHH, HHTTH, THHHT, TTHHH, HTHTT, HHTHT, THHTH, HTTHT, THTHT, HTTH, THTTH, TTHTH, TTHHT, THTHH, HTTHH, THHTH, HTHHT, HHTHH, THHH, TTHH, THTH, HTTH, HHTH, THHT}.

(b) The probability of AC can be calculated as follows:

There are two possible outcomes of each coin flip: heads or tails.

Since the coin is fair, both outcomes are equally likely.

Therefore, the probability of getting tails in one flip is 1/2, and the probability of getting heads in one flip is also 1/2.In order to find the probability of AC, we will use the complement rule:Prob(AC) = 1 - Prob(A)Prob(A) = 1/32Prob(AC) = 1 - 1/32Prob(AC) = 31/32

Therefore, the probability of AC is 31/32.

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(-4,9);m=-1/2
Write the equation in point slope form

Answers

Answer: y-9=-1/2 x (x+4)

Step-by-step explanation:

Other Questions
Rogue River Kayaks specializes in making lightweight yet durable kayaks for white water rafting. It is essential that they make sure that their kayaks maintain a certain level of buoyancy even for the largest of kayakers. According to the latest data set provided by National Transportation and Safety Board (NTSB), the weights of men in the United States are normally distributed with a mean of 188.6 pounds and a standard deviation of 38.9 pounds.Using excel solve the following:1. Rogue River Kayaks claims that they can fit 99% of men in their Boulder Buster Kayak. What is the upper weight limit the kayak needs to support for the company to meet their claim? Write or type out the formula you used to calculate your answer.2. The company claims that the ideal weight range for kayakers in the Boulder Buster is between 135 pounds and 210 pounds. What probability a randomly selected rider falls into this range? Use the characteristics from latest data set as mentioned in the paragraph above to answer this question. Write or type out the formula you used to calculate your answer.3. Why is it important for Rogue River Kayaks to consistently look to the NTSB to update the distribution of weights in the United States? HELP ME PLEASEEEEEEEEEEEE when a borrower plays poker with borrowed funds, the lender is facing an adverse selection problem.T/F A) Set up an integral for finding the Laplace transform of f(t) = 5.B) Find the antiderivative (with constant term 0) corresponding to the previous part.C) Evaluate appropriate limits to compute the Laplace transform of f(t).D) Where does the Laplace transform you found exist? In other words, what is the domain of f(s)? Select all the fractions that are equivalent to 4/5. Use the area models to help. the leader of the double quartet that recorded free jazz in 1960: PLEASE HELP THANK YOU !!!!!!! 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A zoo acquired male and female tree frogs from two different populations. In the zoo, the tree frogs were able to successfully mate within their own population, but breeding attempts between the two populations were unsuccessful.Based on this information, which statement correctly describes the relationship between the two populations of tree frogs?A.They are in the same species but different kingdoms.B.They are in the same genus but different species.C.They are in the same family but different orders.D.They are in the same class but different phyla. You estimate that a lamb weighs 10 pounds. The actual weight of the lamb is 13 pounds. Find the percent error. Round your answer to the nearest hundredth of a percent.% plsssssssssssssssss help Based on the Job Search model, which of the following statements are NOT correct? Select all that apply.a. Higher unemployment benefits are predicted to lead to longer unemployment spells but better worker-job matches after unemployment.b. Individuals with the same productivity end up earning different wages by chance.c. Job seekers reject a wage offer if the probability of finding a job with a higher wage is sufficiently high.d. The opportunity cost of rejecting a wage offer and keeping on searching is the wage foregone.e. The key starting point underlying the job search model is imperfect information about available jobs.f. Uncertainty about available jobs is modelled by job seekers having knowledge about the shape of the distribution of wages but they receive only a random draw from that distribution in each period.g. The reservation wage is the wage that makes a job seeker indifferent between accepting and rejecting a job offer.h. When deciding whether to accept or reject a job offer, job seekers weigh the marginal cost and marginal benefit of keeping on searching.i. Higher unemployment benefits lead to lower reservation wages.j. 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