Summary
Actuaries love data, and today data is more readily available than ever before. Our ability to analyze them and use them grows more and more over time; However, we obtain them for the purpose of using them – and they are not cheap. Therefore, deciding which data to buy is critical.
This article is a continuation of the article When is Your Own Data Not Enough? and deals with the question of where the data we need comes from and how to use it.