Acturial value is mostly used in finance and insurance. Actuarial value is a measure of the percentage of expected health care costs a specific health plan will cover for the "standard" population. Actuarial value is generally calculated using the ratio of:
*the total expected payments by the plan for essential health benefits* *__________________________________________________________ * *the total expected costs of the "standard" population for essential health benefits * It´s the discipline that uses statistis and math in the way to determine risk and income (cash flow) and try to estabilish te present value of future cash flows. In a way it´s similar to TIR. http://www.zanebenefits.com/blog/bid/252609/What-is-Actuarial-Value-AV Regards 2013/7/20 Mihovil Stanic <[email protected]> > https://translations.**documentfoundation.org/hr/**libo_ui/sc/source/ui/** > translate.html#unit=29744374<https://translations.documentfoundation.org/hr/libo_ui/sc/source/ui/translate.html#unit=29744374> > Currect desc: Returns the actuarial rate of interest of an investment > excluding costs or profits. > Oasis desc = MS Office desc: Compute the internal rate of return for a > series of cash flows. > http://docs.oasis-open.org/**office/v1.2/os/OpenDocument-** > v1.2-os-part2.html#IRR<http://docs.oasis-open.org/office/v1.2/os/OpenDocument-v1.2-os-part2.html#IRR> > > I for one studied economics and had a hard time finding out waht actuarial > means... As far as I understood it it's math based on statistics and > probabilities. > That can be in some way applied to this formula, but it's > toooooooooooooooooooooooooooo complicated description. Why can't it be just > like it's in Oasis and MS Office? > I also think that string should be as ODFF states. My translation states that way. I must say that many of descriptions were changed in my translations. Regards -- Sérgio Marques -- To unsubscribe e-mail to: [email protected] Problems? http://www.libreoffice.org/get-help/mailing-lists/how-to-unsubscribe/ Posting guidelines + more: http://wiki.documentfoundation.org/Netiquette List archive: http://listarchives.libreoffice.org/global/l10n/ All messages sent to this list will be publicly archived and cannot be deleted
