World Of Taxonomy
D000206Level 5

Actuarial Analysis

**Definition:** The application of probability and statistical methods to calculate the risk of occurrence of any event, such as onset of illness, recurrent disease, hospitalization, disability, or death. It may include calculation of the anticipated money costs of such events and of the premiums necessary to provide for payment of such costs.

**Tree numbers:** - E05.318.740.100 - N05.715.360.750.100 - N06.850.520.830.100

**Synonyms:** - Analysis, Actuarial

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