Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, finance and other industries and professions. Actuaries are professionals who are qualified in this field through intense education and experience. In many countries, actuaries must demonstrate their competence by passing a series of rigorous professional examinations.

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National Association of Statistics Student of Nigeria, (NASSON) Federal Polytechnic Nasarawa Chapter. Even if members of small populations are included in the sample, challenges remain in collecting information through a survey questionnaire.

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