Graduated Mortality Table(redirected from Graduated Life 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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved