A University of Rochester study shows that baboons are able to understand numbers. Experimenters showed the monkeys peanut-filled cups and the monkeys then chose which cup contained more peanuts. Read more about the experiment and its conclusions...
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Actuary The Hartford Insurance Company BS Math BYU
“I am a casualty actuary at The Hartford Insurance Company. 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.”
“While I use math every day the most beneficial part of my math background have been my creative thinking and problem solving skills. I enjoy my job and look forward to a new set of challenges each day.”
An actuary is a business professional who deals with the financial impact of risk and uncertainty. 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 are in high demand, and they are highly paid for the services they render."
Actuaries need a strong foundation in mathematics, statistics, and general business. They generally have a bachelor’s degree and are required to pass a series of exams in order to become a certified actuary.
College Algebra Trigonometry Calculus I and II Linear Algebra Probability and Mathematical Statistics Applied statistics Actuarial Mathematics Optional courses in numerical analysis, some training in operations research, substantial training in computer science
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. 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.
The most common question students ask math teachers at every level is “When will I use math?” WeUseMath.org is a non-profit website that helps to answer this question. This website describes the importance of mathematics and many rewarding career opportunities available to students who study mathematics.