Morning with Meep – ASOP 56 – Modeling

Description:

I take a look at the Actuarial Standard of Practice 56: Modeling — in effect as of October 2020.

Links: Keep Up With the Standards: On ASOP 56, Modeling

https://www.soa.org/sections/modeling/modeling-newsletter/2021/april/mp-2021-04-campbell/

ASOP 56: Modeling

http://www.actuarialstandardsboard.org/asops/modeling-3/

Author(s): Mary Pat Campbell

Publication Date: 3 May 2021

Publication Site: Meep’s Math Matters at Youtube

GASB Webcast Recordings

Link: https://www.gasb.org/jsp/GASB/Page/GASBSectionPage&cid=1176163492322#vchttps://www.gasb.org/jsp/GASB/Page/GASBSectionPage&cid=1176163492322

Excerpt:

Past GASB and GASAC meeting webcasts are available below. To view or hear a recording, click on the date of the meeting. Recordings are available within 24 hours of the meeting conclusion and remain on the site 90 days following the meeting date.

Help with problems viewing or hearing webcasts, contact FAF Technical Support. Please do not use the “Submit Feedback” button on the right-hand side of the page to submit technical problems.

Archived Meeting Recordings
04/14/21 GASB Public Hearing  – p.m. session
04/14/21 GASB Public Hearing  – a.m. session
04/13/21 GASB Public Hearing  – p.m. session
04/13/21 GASB Public Hearing  – a.m. session

Date Accessed: 20 April 2021

Publication Site: GASB

MathHistory: A course in the History of Mathematics

Link: https://www.youtube.com/playlist?list=PL55C7C83781CF4316

Video example:

Description:

Starting with the ancient Greeks, we discuss Arab, Chinese and Hindu developments, polynomial equations and algebra, analytic and projective geometry, calculus and infinite series, Stevin’s decimal system, number theory, mechanics and curves, complex numbers and algebra, differential geometry, topology, the origins of group theory, hyperbolic geometry and more. Meant for a broad audience, not necessarily mathematics majors.

Author(s): N.J. Wildberger

Publication Date: 3 March 2020 [last time list updated]

Publication Site: Insights into Mathematics at YouTube

Quick-Takes: Mortality Update, Meep’s Math Matters, and a Few Bailout Reactions

Link: https://marypatcampbell.substack.com/p/quick-takes-mortality-update-meeps

Excerpt:

A few remarks — the total public pension unfunded liability (using the discount rates they themselves use, that is, too high, and thus valuing the unfunded liability too little) is the same size as the full American Rescue Plan Act of 2021 — that is, $1.9 trillion.

That is not how much is getting shoveled to the various state and local governments.

Graphic:

Video:

Author(s): Mary Pat Campbell

Publication Date: 21 March 2021

Publication Site: STUMP at Substack

Ethics and use of Data Sources for Underwriting ft. Neil Raden and Kevin Pledge -NSNA(Ep.4)

Video:

Description:

The video features Neil Raden who is the author of ethical use of AI for Actuaries. Alongside him , it features Kevin Pledge who is CEO of Acceptiv , FSA,FIA and chair of Innovation and Research Committee of SOA. We discuss about the issue of ethics and about the use of new data sources in the recent Emerging issues in Underwriting Survey Report by IfOA.

Authors: Harsh Jaitak, Kevin Pledge, Neil Raden

Publication Date: 17 March 2021

Publication Site: TBD Actuarial at YouTube

CDC death data as of 17 March 2021 U.S. Dashboards

Video:

Description:

I review national-level U.S. mortality data from 2020 into 2021 (last updated 3/17/2021, weekly data through the week ending 3/6/2021), using the CDC’s own dashboards.

Breakdown by total numbers, states, age group, racial/ethnic group, non-COVID major causes.

CDC excess mortality dashboards: https://www.cdc.gov/nchs/nvss/vsrr/covid19/excess_deaths.htm

Author(s): Mary Pat Campbell

Publication Date: 18 March 2021

Publication Site: Meep’s Math Matters at YouTube

The Importance of How we See the Numbers During the Pandemic

Link: https://idsc.miami.edu/the-importance-of-how-we-see-the-numbers-during-the-pandemic/

Excerpt:

Speaking to Al Jazeera English for a piece entitled: “The Power and Politics of Data Visualisation” three contributors looked at how data is often presented as objective truth, but the way it is presented, interpreted, and contextualized can distort its original purpose. Turning data into graphics people can understand is increasingly important, but viewers also should also be better informed and more careful in recognizing the nature of uncertainty in these visualizations.

The piece looks at how important it is to be able to trust the data, yet it’s equally important that viewers understand that the visualization of the data can be influenced by human decisions on the collection, interpretation, and depiction of the data.  Dr. Cairo says “Data visualizations are some of the best tools that we have to understand the world if we use them well and we interpret them well, but that doesn’t mean that those numbers are the whole story. We also need to use logic and scientific reasoning.”

Publication Date: 26 February 2021

Publication Site: Institute for Data Science & Computing at University of Miami