[[Actuarial Notes Wiki|Wiki]] / [[Actuarial Math]] / ==Statistics== > ==Statistics== is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data.^[[Wikipedia - Statistics](https://en.wikipedia.org/wiki/Statistics)] Actuaries use statistics to [[Assigning Probabilities|assign probabilities]] and make decisions about the [[Insurance Pricing|price]] for insurance policies and how much money to set aside in [[Insurance Reserving|reserves]] to pay future claims.