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Data Analysis for the Safest Annuity Rule Project: Implications for the Education of Actuarial Students

488 479,268,668 21,575 Mean 384,165 368,385 1.077 17 Minimum 0 0 0.730 0 Maximum 997,825 997,825 6 ... 903,880 0 67,000,000 1.079 0.730 6.010 a) 17 cases had Assets = Liabilities =0, and were not included ...
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Description: This paper is based on work the authors did for the Committee on Retirement Systems Research of the Society of Actuaries. The authors' task was to perform data analysis for that Committee in support of a study of the effects of the Safest Annuity Rule. The Committee's conclusions will be released in a separate report. This paper describes their overall study only to put the authors' own work in context. The real purpose of this paper is to discuss the data analysis skills and principles which were applied in this project, and to argue that these same skills and principles should be part of an actuarial student's education. From Actuarial Research Clearing House 1998 Vol. 1.
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- Authors: Matthew J Hassett, William Gundberg
- Date: Jan 1998
- Competency: Relationship Management>Team leadership
- Publication Name: Actuarial Research Clearing House
- Topics: Actuarial Profession>Competencies; Actuarial Profession>Professional development

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