actuarial
- Pertaining to the work of an actuary, who calculates and assesses risks for insurance purposes
- Connected with the statistical analysis, particularly in determining the probability of certain events such as lifespan estimates
- The insurance company used actuarial data to determine appropriate premiums.
- The actuarial analysis revealed the potential long-term costs of the policy.
- She is studying to become an actuarial scientist to help companies manage their risks and uncertainty.
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