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What is the difference in a statistician and an actuary?

In: Math and Arithmetic, Statistics, Probability [Edit categories]

Answer:

An actuarist is a specialist in the statistics of risk. Often this is for insurance purposes. They do not usually collect data but interpret them to arrive at a probability of the insured event happening.

A statistician, on the other hand, may be involved in designing experiments (or surveys), collecting, validating and compiling data, analysing and reporting on them. The subject matter ranges across many topics - economics, business statistics, pharmaceuticals, epidemiology (these are areas that I have worked in). Lots more - social statistics, linguistics.

First answer by Mehtamatics. Last edit by Mehtamatics. Contributor trust: 614 [recommend contributor ]. Question popularity: 1 [recommend question].

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