Description: Article describes best practices for teaching a course module that involves multiple parameters. A good example is hypothesis testing which requires consideration of the parameters, sample-size, population distribution, known variance and has as consequences whether a normal or t distribution should be used or whether non parametric methods are used. The articles recommends use of the Prime Implicant Normal Form as a means of teaching. It shows the superiority of this method over other forms such as heuristics, complete rules, or graduated approaches.

Description: Actuarial functions are being asked to do more with less: being challenged to provide more value to the business through applying insight and foresight. This article examines ways in which actuaries can provide business insights with very limited investment. The article provides actionable steps that actuaries easily apply to their daily work.