The Development of Insurance Mathematics: Two Lectures Delivered Before the Students in the School of Commerce of the University of Wisconsin, the Fall Term of 1901
The Development of Insurance Mathematics: Two Lectures Delivered Before the Students in the School of Commerce of the University of Wisconsin, the Fall Term of 1901
Excerpt from The Development of Insurance Mathematics: Two Lectures Delivered Before the Students in the School of Commerce of the University of Wisconsin, the Fall Term of 1901 It is most interesting to study the growth and evolution of any branch of science and to observe how it Sprang from some other branch of science, and what things had to be known as a prepara tion for the dawning of the new learning. It is a far cry, perhaps, from actuarial science to the decimal system of notation, and yet, had it not been for the ...
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Excerpt from The Development of Insurance Mathematics: Two Lectures Delivered Before the Students in the School of Commerce of the University of Wisconsin, the Fall Term of 1901 It is most interesting to study the growth and evolution of any branch of science and to observe how it Sprang from some other branch of science, and what things had to be known as a prepara tion for the dawning of the new learning. It is a far cry, perhaps, from actuarial science to the decimal system of notation, and yet, had it not been for the invention of that system it may well be doubted whether arithmetic would ever have reached the stage which renders mathematical problems that would otherwise be difficult of operation, simple and easy. Addition, which is now so simple, albeit so laborious a matter, was exceedingly difficult under the old systems of notation. A student may readily form some conception of the difficulties if he will range a number of Roman numerals side by side, or one under the other - one ar rangement is about as convenient as the other - and proceed to add. Multiplication, which is continued addition, was even harder. It follows that Operations which must be performed upon a very large scale, in order that actuaries may do their tasks, were then almost impossible upon anything but a limited scale. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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Add this copy of The Development of Insurance Mathematics Two Lectures to cart. $16.24, new condition, Sold by Paperbackshop rated 4.0 out of 5 stars, ships from Bensenville, IL, UNITED STATES, published 2018 by Forgotten Books.
Add this copy of The Development of Insurance Mathematics Two Lectures to cart. $26.06, new condition, Sold by Paperbackshop rated 4.0 out of 5 stars, ships from Bensenville, IL, UNITED STATES, published 2018 by Forgotten Books.
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