The actuarial profession is evolving as we speak, not only in terms of business volumes but also in terms of product innovations. In actuarial terms, the exponential rise in the diversity and complexity of actuarial services is an “undemanding assumption”. Hence, there is a requirement …
R is a powerful language used widely for data analysis and statistical computing. Inclusion of powerful packages in R has made it more and more powerful with time. One such recent and wonderful package for Covid-19 is ‘covid19.analytics‘. COVID19.Analytics Package Introduction The “covid19.analytics” R package allows users to obtain live …
Quarantine has hit all of us hard. But it can be an opportunity in disguise. I thought to utilize my quarantine time for some productive purpose and bring my knowledge of actuarial subjects to practical use. But I wasn’t very sure of how to do …
The article focusses on using the skills you have gained so far or on learning new skills like Excel, Python, R, Data Visualisation and applying these skills to projects to become tomorrow’s Actuary.
In every programming language there are many different variables are required to store data that you will be used within a program and those variables are assigned with a type and that variable has to assign that type of data only. In this article, we …
Contents of Introduction to R In this Introduction to R, we are going to introduct you to the below components. We are going to cover basic understanding of What is R, variables storing, calculations, filtering, importing data, and installing packages in R. What is R software? …
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.
ABOUT THE PROGRAM The R- statistical software is going to be an integral part of the Actuarial profession in the days to come and all actuarial professionals to carry a flavor of it, irrespective of their levels of membership. Student members who are in their …