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A Thought on Fermi Problems for Actuaries
without using sophisticated tools. The idea of Fermi problems are of particular relevance to today's ... components. The paper discusses some approximate solutions developed in academia in the spirit of Fermi problems ...- Authors: Runhuan Feng
- Date: Aug 2015
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Actuarial Profession>Academic partnerships; Life Insurance>Pricing - Life Insurance; Life Insurance>Reserves - Life Insurance; Modeling & Statistical Methods>Stochastic models