Category: R

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Basic difference and similarity in actuary and data scientist

While they both revolve around data, there are certain lines drawn between these two. For instance, actuaries are found primarily in the insurance industry and risk management. On the other hand data scientist can be found in virtually any industry. If we have a comparative lookout of actuarial science and data science, prior is about the study of finance and related fields and activities and latter is about studying different data sets, their relationship and analysis.