Executive Summary This report provides an analysis on how ethical conflicts arise in the actuarial profession. Through extensive research we uncover many conflicts of interest and ethical dilemmas that actuaries can face during their everyday work and careers. In particular we look at how genetic factors and rating criterion create conflict. We look at ethical conflict with respect to testimony, pension and reserve actuaries, and also how external watchdogs play a role in auditing actuaries’ decisions
Words: 6143 - Pages: 25
Thinking, Reading and Writing Critically In order to get the highest possible grades in a subject assessed in writing you need to be able to demonstrate an ability to think critically about the sources of information (text-books, academic papers, academic websites and the like) that you use in the construction your answer. You must, in other words, do more than simply take information from other sources and use it construct an answer. It is not enough to select some apposite quotations and demonstrate
Words: 2426 - Pages: 10
Sam Crawford Professor Garrison English 110.01 25 March 2011 A Cry for Decriminalization “Don’t touch marijuana, don’t even come close to it; it will lead you to use hard drugs like heroin and cocaine!” This is the fear-based statement I always heard through my youth and is often fed to other kids in an attempt to keep them safe and prevent them from making decisions that they will regret in the future, but how true is it? Marijuana is currently legal for medical use in sixteen states
Words: 811 - Pages: 4
Case: Independent Study Correlation does not imply causation. It was one of most popular phrases in the Statistics class. Recently, I read an article and enjoyed the statistical practices in accounting discussions. The article is “SEC’s New Focus on Accounting Fraud” written by Jonathan B. MacKenzie (http://www.law360.com/articles/460715/sec-s-new-focus-on-accounting-fraud-what-s-on-its-radar). Accounting fraud cases brought by the SEC have been decreasing in recent years. As shown in the
Words: 817 - Pages: 4
stimulus comes to be given to the first” (2). Pavlov’s Dogs. Ivan Pavlov was a Russian physiologist in the 1890s who did studies on dogs creating “Pavolovian Conditioning” also know as classical conditioning. In his studies he began to look at the correlation between dogs salivating in response to being fed. A dog salivating in response to being fed is not a learned trait but a reflex. The dog salivating is an unconditioned response, which means it requires no learning (3). Pavlov started measuring the
Words: 1528 - Pages: 7
Gabriel Test 1 Study Guide (Topics and Concepts) for Chapter 1 and 2: Chapter 1 * Define psychology Psychology is the scientific study of behavior and mental processes * Identify and explain psychology’s four primary goals.description, explanation, prediction, influence * Understand the meaning of a theory a theory organizes facts systematically and guides scientific reaserach * **Compare and contrast basic and applied research Basic research is to seek new knowledge and expore
Words: 844 - Pages: 4
Thinking, Reading and Writing Critically In order to get the highest possible grades in a subject assessed in writing you need to be able to demonstrate an ability to think critically about the sources of information (text-books, academic papers, academic websites and the like) that you use in the construction your answer. You must, in other words, do more than simply take information from other sources and use it construct an answer. It is not enough to select some apposite quotations and demonstrate
Words: 2425 - Pages: 10
COURSE SYLLABUS AP STATISTICS Course Description: The purpose of this course is to introduce students to the major concepts and tools for collecting, analyzing, and drawing conclusions from data. Students are exposed to four broad conceptual themes: • Exploring Data: Describing patterns and departures from patterns • Sampling and Experimentation: Planning and conducting a study • Anticipating Patterns: Exploring random phenomena using probability and simulation • Statistical
Words: 7401 - Pages: 30
Reaction Paper Freakonomics: Documentary Emmanuel S. Garcia Managerial Economics Land Bank of the Philippines Freakonomics was a good way to introduce the basic concepts of economics applied in everyday living and what we can learn from that. It primary aim seems to open the eyes of the general public to the fact that economics should be a conscious part of our way of life. Generally, what it says is that economics is a good tool in understanding and eventually helping us decide important
Words: 939 - Pages: 4
Strategic Human Resources Management: Where Do We Go From Here?† Brian E. Becker* School of Management, State University of New York at Buffalo, Buffalo, NY 14260 Mark A. Huselid School of Management and Labor Relations, Rutgers University, Piscataway, NJ 08854 The authors identify the key challenges facing strategic human resource management (SHRM) going forward and discuss several new directions in both the scholarship and practice of SHRM. They focus on a clearer articulation of the
Words: 14981 - Pages: 60