can anyone give me a layman's brief explanation of these 2 branches of mathematics and statistics?
2006-10-30 00:38:02 · 3 answers · asked by Anonymous in Science & Mathematics ➔ Mathematics
Operations Research has to do with minimums and maximums. For instance, determining the minumum amount of time to complete a project, or the maximum amount of cost to complete a project, given a set of variables and constraints. One will typically use Linear Algebra to complete Operations Research problems.
2006-10-30 01:05:10 · answer #1 · answered by Bill 2 · 0⤊ 0⤋
an actuary is generally an applied mathematician who works in the insurance industry. an actuary may also work for such organizations as the Bureau of Labor Statistics. try looking up the "Casualty Actuarial Society". ask them about a career as an actuary.
operations research - try a good library and check out one or two books to get an idea of this broad field.
2006-10-30 01:23:32 · answer #2 · answered by michaell 6 · 2⤊ 0⤋
An actuarist asseses the riks involved in a process.
2006-10-30 00:53:26 · answer #3 · answered by ag_iitkgp 7 · 0⤊ 0⤋