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Statistical Methods with Applications to Demography and Life Insurance
book

Statistical Methods with Applications to Demography and Life Insurance

by Estate V. Khmaladze
March 2013
Intermediate to advanced content levelIntermediate to advanced
242 pages
5h 47m
English
Chapman and Hall/CRC
Content preview from Statistical Methods with Applications to Demography and Life Insurance
Lecture 6
Statistical consequences of what
we have learned so far.
Two-sample problems
As we have already mentioned at the beginning of Lecture 3, we are
developing our theory in the following way: the duration of life has a
distribution function F, which is used to determine all the probabilities
in which we are interested. This distribution function, however, is not
known; so we build statistical estimates of F based on the available
data, such as the empirical distribution function
b
F
n
, or other functions
to be discussed later. For example, for the two ages x < x
0
the differ-
ence F(x
0
) F(x) is the probability P{x T < x
0
},
P{x T < x
0
} = F(x
0
) F
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Publisher Resources

ISBN: 9781466505742