Actuarial judgments involve a prediction about future behaviour or the diagnosis of a psychological disorder based on numerical data derived from analyses of prior outcomes.

Question

Quizplus · Accepted Answer

Actuarial judgments are based on statistical models that use numerical data from past outcomes to make predictions about future behavior or to diagnose psychological disorders, rather than relying on subjective opinion or intuition.

Actuarial Judgments Involve a Prediction About Future Behaviour or the Diagnosis