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Schumacher, Phyllis; Olinsky, Alan; Quinn, John; Smith, Richard – Journal of Education for Business, 2010
The authors extended previous research by 2 of the authors who conducted a study designed to predict the successful completion of students enrolled in an actuarial program. They used logistic regression to determine the probability of an actuarial student graduating in the major or dropping out. They compared the results of this study with those…
Descriptors: Regression (Statistics), Classification, Probability, Comparative Analysis
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Smith, Richard Manning; Schumacher, Phyllis – Journal of Education for Business, 2006
The authors studied beginning undergraduate actuarial concentrators in a business college. They identified four variables (math Scholastic Aptitude Test [SAT] score, verbal SAT score, percentile rank in high school graduating class, and percentage score on a college mathematics placement exam) that were available for entering college students that…
Descriptors: Business Administration Education, Majors (Students), Aptitude Tests, Scores
Actuarial Foundation, 2013
"Shake, Rattle, & Roll" is a new program developed by The Actuarial Foundation with Scholastic, provides dynamic real-world math content designed to build student skills while showing students the relevance of math to understanding their world and planning for their future. Math skills are increasingly important for students. According to the U.S.…
Descriptors: Grade 6, Grade 7, Grade 8, Gifted
Actuarial Foundation, 2013
"Plan, Save, Succeed!" is a new program aligned with Jumpstart Coalition National Standards in K-12 Personal Finance Education, National Council of Teachers of Mathematics (NCTM) Standards, and Common Core Standards for Mathematical Practice. "Plan, Save, Succeed!" is designed to help students understand key financial literacy topics including…
Descriptors: National Standards, Money Management, Home Economics, Teaching Guides
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Wamala, Robert; Maswere, Dyson W.; Mwanga, Yeko – American Journal of Business Education, 2013
This study investigates the role of prior grounding attained in mathematics in predicting the academic achievement of enrollees in Bachelor of Science in Actuarial Science (BSAS). The investigation is based on administrative records of 240 BSAS enrollees at Makerere University, School of Statistics and Planning in the 2007-2009 cohorts. Students'…
Descriptors: Foreign Countries, Mathematics Achievement, Academic Achievement, Grade Point Average
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Smith, Richard Manning; Schumacher, Phyllis A. – College Student Journal, 2005
A study of undergraduate actuarial graduates found that math SAT scores, verbal SAT scores, percentile rank in high school graduating class, and percentage score on a college mathematics placement exam had some relevance to forecasting the students' grade point averages in their major. For both males and females, percentile rank in high school…
Descriptors: Scores, Gender Differences, Predictor Variables, Undergraduate Students
Halfond, Jay A.; Horwitz, Lois K. – New England Journal of Higher Education, 2012
An academic discipline and a profession eventually converge through the relationship, division of labor and trust between universities and professional associations--and their mutual respect for the authority and the respective roles of one another. Sometimes, professional associations evaluate academic programs or even provide an examination at…
Descriptors: Intellectual Disciplines, Probability, Professional Associations, Insurance
Sriraman, Bharath, Ed. – IAP - Information Age Publishing, Inc., 2012
The interaction of the history of mathematics and mathematics education has long been construed as an esoteric area of inquiry. Much of the research done in this realm has been under the auspices of the history and pedagogy of mathematics group. However there is little systematization or consolidation of the existing literature aimed at…
Descriptors: Foreign Countries, Majors (Students), Mathematics Education, Calculus
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Tuttle, Jerome E. – Mathematics Teacher, 1990
Discussed are some applications of mathematics involved in actuarial science which may be taught in high school mathematics classes. Described are the importance of approximate solutions, multiple answers, and selling the solution to a problem. (CW)
Descriptors: Creative Thinking, Learning Strategies, Mathematical Applications, Mathematics Curriculum
Ratliff, Michael I.; Williams, Raymond E. – 1989
Recently there has been increased interest related to the Actuarial Science field. An actuary is a business professional who uses mathematical skills to define, analyze, and solve financial and social problems. This paper examines: (1) the interface between Statistical and Actuarial Science training; (2) statistical courses corresponding to…
Descriptors: Career Planning, College Mathematics, Course Content, Courses
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Oudshoorn, Susan; Finkelstein, Gary – Australian Mathematics Teacher, 1991
The actuarial profession is described to provide secondary school mathematics teachers insights into how actuaries use mathematics in solving real life problems. Examples are provided involving compound interest, the probability of dying, and inflation with computer modeling. (MDH)
Descriptors: Career Awareness, Careers, Computer Oriented Programs, Inflation (Economics)
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Barnes, Sue; Michalowicz, Karen Dee – Mathematics Teaching in the Middle School, 1994
Describes the qualifications and work of an actuary and the history of statistics. Contains reproducible student activity worksheets focusing on actuarial data. (MKR)
Descriptors: Insurance Occupations, Intermediate Grades, Junior High Schools, Learning Activities
McLoughlin, M. Padraig M. M. – Online Submission, 2008
The author of this paper submits the thesis that learning requires doing; only through inquiry is learning achieved, and hence this paper proposes a programme of use of a modified Moore method in a Probability and Mathematical Statistics (PAMS) course sequence to teach students PAMS. Furthermore, the author of this paper opines that set theory…
Descriptors: Curriculum Design, Inquiry, Active Learning, Logical Thinking
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Swetz, Frank J. – American Mathematical Monthly, 1978
The conception, objectives, contents, and limitations of a degree program in the mathematical sciences at Pennsylvania State University, Capitol Campus, are discussed. Career goals that may be pursued include: managerial, science, education, actuarial, and computer. (MP)
Descriptors: Administrator Education, College Mathematics, Computer Science Education, Curriculum
Actuarial Foundation, 2012
The purpose of these modules is to provide an introduction to the world of probability and statistics to accelerated mathematics students at the high school level. The materials are centered on the fictional town of Happy Shores, a coastal community which is at risk for hurricanes. Actuaries at an insurance company figure out the risks and…
Descriptors: Mathematical Concepts, Probability, Statistics, Learning Modules
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