TOPICS
Search

Actuarial Science


Actuarial science is the study of risk through the use of mathematics, probability, and statistics. A person who performs risk assessment is known as an actuary. Actuaries typically are employed in financial, insurance, pensions, and other related sectors.

Actuarial science is similar to medicine in that a lot of time must be taken for schooling and taking examinations, but salaries are typically rather high.

The Season 1 episode "Sacrifice" (2005) of the television crime drama NUMB3RS mentions actuarial science.


This entry contributed by Wiktor K. Macura

Explore with Wolfram|Alpha

Cite this as:

Macura, Wiktor K. "Actuarial Science." From MathWorld--A Wolfram Web Resource, created by Eric W. Weisstein. https://mathworld.wolfram.com/ActuarialScience.html

Subject classifications