Mortality table construction based on Social Security System's 1974-1983 mortality experience

Date of Publication

1985

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Applied Mathematics

College

College of Science

Department/Unit

Mathematics and Statistics

Abstract/Summary

Mortality table is a device used in exhibiting mortality data. It is a series of relationships between the probable numbers of dying and living at a given age. It has five columns the age (x), number living (lx), deaths each year (dx), probability of dying (qx), and the expectation of life (ex). Mortality table was constructed based on the mortality experience of an insurer which consists of the number of deaths and the number of persons exposed at age x. Using the 1974-1983 SSS Mortality Experience, the values of qx, lx, dx, and ex are computed. With these values, mortality table is constructed. Then, using again these values and the SSS interest rate, the commutation functions column is constructed. This column helps in computing life insurance premiums.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU05755

Shelf Location

Archives, The Learning Commons, 12F Henry Sy Sr. Hall

Physical Description

98 leaves

Keywords

Mortality--Tables; Social Security System; Insurance, Life--Mathematics

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