Graduated Mortality Table

Graduated Mortality Table

In actuarial analysis, a table of the likelihood that a person of a certain age will die in the next year, taking into account potential errors and biases in the data collection underlying the table. For example, a graduated mortality table may make adjustments to adjust for small sample size. Mortality tables are important in determining one's eligibility for some insurance and annuity plans.
References in periodicals archive ?
We used Irish Life tables when available otherwise we graduated mortality tables for Irish males between the ages of 12 years and 72 years, based on an average of three calendar years of deaths and population estimates in the centre year (kindly made available to us by the Central Statistics Office) using King's method and oscillatory interpolation, for each calendar year 1950 to 2001 (King (1909).
Full browser ?