Publication: Expanding Abridge Life Table by Using Heligman Pollard Method: Malaysian Experience 2010-2013
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Date
2015
Journal Title
Journal ISSN
Volume Title
Publisher
Center for Promoting Ideas, USA
Abstract
Mortality rate is the measurement of the number of death in certain population and it is scaled to the size of the population per unit time. The study of mortality rate is meant to find ways to extend the survival of an individual to reduce the mortality rate. Mortality rate is also one of the important elements in determining the premium in insurance pricing. In Malaysia, Census department will take the responsibility to determine the total number of population and the data will be presented in the form of five years age group called Abridged Life Table. This paper used the Abridged data and to obtain the rate for each age, Heligmann Polard Method was applied to expand the Abridged Life table into a complete table.
Description
Keywords
Mortality Rate,, Abridged Life Table,, Heligmann Pollard Method
Citation
International Journal of Business and Social Science Vol. 6, No. 7; July 2015