answersLogoWhite

0


Best Answer

In simplest terms, Excel provides lots of specialised financial functions and statistical functions which would to be of use in actuarial science. Also there are all the regular functions for doing calculations available, which would also be a large part of their work. Basically, anyone that has a need to do regular calculations can make use of a spreadsheet to do them.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the role of Microsoft Excel in Actuarial Science?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the role played by the MS-Excel?

The role played by Microsoft excel is handling data and spreadsheet work.


How do you answer interview questions about Microsoft office skills?

Certainly! Here are some interview questions related to Microsoft Word and Microsoft Excel that you might excel interview encounter during an interview: Microsoft Word Interview Questions: What is Microsoft Word used for, and how have you used it professionally? Explain the difference between "Save" and "Save As" in Microsoft Word. How would you create a bulleted list in a Word document? What is Track Changes, and how can it be useful in collaborative document editing? Describe how you would insert a table into a Word document. How can you change the page orientation from portrait to landscape in Microsoft Word? What is a header and footer in Word, and when might you use them? How would you adjust line spacing in a Word document? What is a mail merge, and how can it be used to personalize documents? Explain how to add page numbers to a Word document. Microsoft Excel Interview Questions: Why is Microsoft Excel important in the business context, and how have you used it professionally? Explain the purpose of cells, rows, and columns in Excel. How can you format cells to display currency values with two decimal places? What is the difference between a worksheet and a workbook in Excel? Describe how you would freeze panes in an Excel worksheet. How do you create a chart in Excel to visualize data? Explain the concept of relative and absolute cell references in Excel formulas. What is the SUM function, and how would you use it to add a range of numbers? How can you sort data in Excel based on a specific column? Explain what a PivotTable is and how it can be useful for data analysis. Remember that interview questions can vary based on the specific role and level of proficiency required for the job. Practice and familiarize yourself with these concepts to confidently address these questions during your interview.


Role of science in development of India?

role of science in development of india


What is the dual role of science emancipatory and oppressive?

what is dual role of science


How do you explain the role of science in production process?

explain the role of science inproduction process


Why do police use German shepards?

Because they excel at that role.


Is Microsoft Excel a data management system?

Excel can play a big role in managing data, so it is a form of data management system. It is primarily for working with numeric data, so it is not like a database. Databases are often described as being database management systems. Excel does have some databasing capabilities, but it is not a database application, it is a spreadsheet application. Still, it is important in managing data and it can work with database applications, exchanging data between them.


What is MOD?

The role of the Ministry of Defense, otherwise known as the MOD, is to protect the independence, security, and interests of the country. It is also MOD's role to ensure the armed forces have training, equipment, and support.


What was the role of victorian era technology and science in Dracula?

The role of Victorian era technology and science in Dracula was to enhance production.


What is the role of mathematics in computer science?

what is the role of computer in mathematics what is the role of computer in mathematics


What is the role of operators in an excel worksheet?

performing different database operation of there businessses


What is the role of science in selective breeding?

iam not sure but it has to do with science and breeding