Actuarial Simulation 2 vs Statistics AI Helper
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Actuarial Simulation 2
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The origin of this APP lies in the DAV/DGVFM student/teacher documentation. The aim of this series is to familiarise young people with the exciting subject of actuarial mathematics: Volume 1 - Stochastics of property damage The Actuarial Simulation2 Base APP enables Monte Carlo simulation in non-life insurance. The resulting overall loss distribution can be analysed by means of loss number and loss amount distribution. Graphics, moments and various quantiles are provided here. Poisson, binomial and negative binomial distributions are included as loss number distributions. The following loss level distributions can be simulated: Pareto, exponential, normal, generalised Pareto, gamma and Weibull distribution Attention: This APP is intended for private use only. Any liability is excluded.
Statistics AI Helper
This app uses AI to solve statistics problems by scanning them with your phone. It provides instant, step-by-step solutions with adjustable detail levels, from quick answers to graduate-level explanations. Save and review your solutions for exam preparation and progress tracking.
- AI-powered problem solving
- Instant photo upload and scanning
- Adjustable detail levels (Quick, Detailed, Expert)
- Step-by-step solution explanations
- Answer history for review
- Covers various statistics topics
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StatisticsIQ solves statistics problems from a photo. Snap a homework problem and get every step worked out, from the hypotheses to the conclusion, or snap a quiz and get each answer with a short explanation. HOW IT WORKS 1. Take a photo of your problem, quiz, table or chart, choose one from your library, or upload a PDF. 2. Pick your detail level: Quick for the answers, Detailed for step-by-step solutions, Expert for the deepest breakdown. 3. StatisticsIQ names the problem type, writes out the hypotheses or variables, the formulas and the calculation, then gives the answer with what it means, the key concept, a common mistake and a study tip. EVERY TOPIC IN YOUR COURSE Descriptive statistics, probability and distributions (normal, binomial, Poisson), z-tests and t-tests, chi-square, ANOVA, confidence intervals, correlation and regression, non-parametric tests and sampling. CALCULATORS & CHEAT SHEET Type in your data for the mean, median, standard deviation, quartiles and more, find z-scores and normal or binomial probabilities, and keep the core formulas and critical values one tap away. STUDY GUIDES Type a topic or scan your notes and StatisticsIQ writes a study guide in sections. Open a section for the full explanation and its key terms. FLASHCARDS Turn any guide section into flashcards and review them card by card. ASK YOUR AI TUTOR Chat about an answer or any statistics topic. Ask why a test is one-tailed, which test fits your data, or how to read a p-value, and it shows its work step by step. Every answer is saved in your History. Built for high school and college students in intro statistics, business statistics and probability courses. Available in English, German, Spanish, French, Italian, Japanese and Brazilian Portuguese. StatisticsIQ requires a subscription or purchase to use premium features, plans detailed below: PREMIUM PLANS ($2.99/week, $7.99/month, $39.99/year, $24.99/year discount): • More scans • Detailed and Expert answers • More study guides, flashcards and chats with your AI tutor The $2.99/week plan starts with a 3-day free trial and the $39.99/year plan with a 1-week free trial. By downloading this app, you agree to our terms and conditions and privacy policy: Terms: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/ Privacy: https://www.format.partners/statisticsiq-privacy-policy Support: https://www.format.partners/support Contact: hello@format.partners StatisticsIQ uses AI to explain statistics for educational purposes. Check answers against your course materials and instructor.
Screenshots
Verdict
The clearest difference is in-app purchases: Actuarial Simulation 2 at none against Statistics AI Helper's 5. Actuarial Simulation 2 also leads on iOS requirement (16.4 vs 18.5). On price, update cadence, ads and device support there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. Statistics AI Helper sells 5 in-app purchases, starting at $2.99 per 7 days. Actuarial Simulation 2 asks for nothing beyond the download.
Actuarial Simulation 2 ships an update every 6 weeks, Statistics AI Helper every 3 weeks. The most recent releases landed on October 19, 2026 and October 10, 2026 respectively.
| Parameter | Actuarial Simulation 2 | Statistics AI Helper |
|---|---|---|
| Price | Free | Free |
| Rating | — | 5.0 (1 ratings) — better |
| Number of ratings | — | 1 — better |
| Update frequency | Every 6 weeks | Every 3 weeks — better |
| Ads | No | No |
| In-app purchases | No — better | Yes |
| Monetization | — | Free with in-app purchases |
| Devices | iPhone, iPad | iPhone, iPad |
| Requires iOS | 16.4 — better | 18.5 |
| Further details — not scored | ||
| Size | 3 MB | 45 MB |
| Age rating | 4+ | 4+ |
| Developer | Thomas Schmidt | Format Partners LLC |
In-app purchases
Actuarial Simulation 2
No in-app purchases
Statistics AI Helper
- StatisticsIQ Premium - Weekly3 Days trial$2.997 Days
- StatisticsIQ Premium - Monthly$7.991 Month
- StatisticsIQ Premium, Annual Coupon$24.991 Year
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- StatisticsIQ Premium - Annual7 Days trial$39.991 Year
- StatisticsIQ Premium - Lifetime$59.99
Questions
Is Actuarial Simulation 2 free?
Is Statistics AI Helper free?
Do Actuarial Simulation 2 or Statistics AI Helper have ads?
Which is updated more often, Actuarial Simulation 2 or Statistics AI Helper?
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