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Consequently, exam candidates typically spend large amounts of time preparing for the exam. [6] Exam pass rates vary by discipline module and test date, for the April 2010 exam, the pass rates for first time test takers ranged from 85% (Naval Architecture) to 46% (Structural I). The pass rates for repeat test takers is considerably lower. [7]
Grace Brewster Hopper (née Murray; December 9, 1906 – January 1, 1992) was an American computer scientist, mathematician, and United States Navy rear admiral. [1] She was a pioneer of computer programming.
Insurance claims totalled between NZ$2.75 and $3.5 billion, [22] although it is unclear how much cost can be attributed to each of the earthquake events in the 2010–2011 Canterbury earthquake sequence. The total estimated damage bill was up to $40 billion, making it the fifth-biggest insurance event in the world since 1953.
An actuary is a professional with advanced mathematical skills who deals with the measurement and management of risk and uncertainty. [1] These risks can affect both sides of the balance sheet and require asset management, liability management, and valuation skills. [2]
The practice of keeping records of player achievements was started in the 19th century by English-American sportswriter Henry Chadwick. [1] Based on his experience with the sport of cricket, Chadwick devised the predecessors to modern-day statistics including batting average, runs scored, and runs allowed.
The "risk-free" rate on US dollar investments is the rate on U.S. Treasury bills, because this is the highest rate available without risking capital. The rate of return which an investor requires from a particular investment is called the discount rate, and is also referred to as the (opportunity) cost of capital.
Principal component analysis (PCA) is a linear dimensionality reduction technique with applications in exploratory data analysis, visualization and data preprocessing.. The data is linearly transformed onto a new coordinate system such that the directions (principal components) capturing the largest variation in the data can be easily identified.
The subset sum problem (SSP) is a decision problem in computer science.In its most general formulation, there is a multiset of integers and a target-sum , and the question is to decide whether any subset of the integers sum to precisely . [1]