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View definitions for actuarial calculation

actuarial calculation

noun as in law of averages

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Example Sentences

But this kind of actuarial calculation is always complex and often wrong.

From Slate

With thousands of people potentially eligible, it could in theory, according to an actuarial calculation, have to pay out $8.5 billion, far more than it can afford.

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From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.

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