Quality control and Actuarial Mathematics

Many decisions in business are based on intuition and not on reliable statistical information. This could cause unwanted consequences for companies and society. Our group is made up of valuable professionals, two PH.D. and two doctoral candidates in the areas of Statistics, Quality Control, Demography and Biostatistics, respectively. Ecuadorian insurers base their calculations on foreign actuarial studies in the absence of reliable information. In developed countries, quality control charts and other techniques are used to guarantee quality production, to monitor public health systems, (see, D Banks et, al (2012) and mortality rates. Considering these facts and the group's skills, this group wants to get involved in researching these two areas necessary for a fair pension system in the social security of the country and for the productivity of companies.