Actuaries work with statistics and probabilities each day. What do actuaries do and what test do they take Custom Essay

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1. Actuaries work with statistics and probabilities each day. What do actuaries do and what test do they take?

2. Find a video that is helpful to learn probability. Why do you like it and what did you learn? Visit this helpful website (http://www.khanacademy.org/) to assist you with your search.

3. Find a study where the distribution follows a normal or bell-shaped curve. An example of a normal distribution or bell-shaped curve, called “Heights of Red Pine Seedlings”, is attached. Cite the source of the study you’ve selected, and explain why you think the distribution is bell shaped. For instance, if the study is about income, then the income may be low for a child and peak at age forty-five and then gradually drop.

4. Paul states that he scored in the 100th percentile on a given standardized test. Do you believe him? Why or why not?

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