News
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Actuaries In Action: Why It’s Rated The Number One Profession
Want to know why the actuarial profession has been ranked consistently high for decades? Then read the Washington Post’s special section on STEM careers that highlights the actuarial profession.
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The Best Jobs of 2013 - Actuary #1
Actuary has been named the best job of 2013, according to the new CareerCast.com Jobs Rated Report.
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Apply for a 2013-2014 Scholarship!
Tell a deserving student about Foundation scholarships.
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The Professional Life
Wherever there is risk, there are opportunities for actuaries. And the recent financial crisis has further highlighted the skills actuaries bring to the table. Watch this new Actuaries in Action video to hear what some of today's actuaries say about the future of the profession and the increasing demand for actuaries, especially in nontraditional roles.
Do The Math
A device runs until either of two components fails, at which point the device stops running. The joint density function of the lifetimes of the two components, both measured in hours, is
f (x,y)=x+y/8 for 0< x < 2 and 0< y < 2 .
What is the probability that the device fails during its first hour of operation?
- 0.125
- 0.141
- 0.391
- 0.625
- 0.875
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