Measurement of Mortality

actuary age last birthday Age nearest birthday algebra anniversary approximation associated with q Assume calendar age calendar duration Calendar year containing car-miles central age central occurrence compute the exposures December 31 denote derived entrants equation exact age 50 exact age x exact duration EXERCISES Ex exposure associated exposure formula exposure values f factors fiscal force of mortality given Hence insurance company insuring age issue age July June 30 linear function March 31 method mortality rates mortality study mortality table number of deaths number of lives observation period runs observed deaths obtain period of observation Prove ratio runs from January single interval stationary population student sub-deck symbol tabulating rules terminal unit age interval unit interval valuation in force withdrawals occur worksheet