Please use this identifier to cite or link to this item:
https://hdl.handle.net/2440/118723
Type: | Journal article |
Title: | Average and standard deviation of remaining lifetime |
Author: | Hutchinson, T. |
Citation: | Australian Journal of Actuarial Practice, 2017; 5:93-96 |
Publisher: | Institute of Actuaries of Australia |
Issue Date: | 2017 |
ISSN: | 2203-5354 2203-5354 |
Statement of Responsibility: | Timothy Paul Hutchinson |
Abstract: | At older ages, the average and the standard deviation of remaining lifetime (ARL and SRL) are both less than at younger ages. us ARL and SRL change together. A linear relationship of slope 1 between the reciprocals of ARL and SRL has previously been found. e present paper reports similar relationships when considering different countries, years, and sexes. It is suggested that age and sex of person, their country, and the year all act via the same unobserved variable, that might be called effective age. |
Keywords: | Life expectancy; average remaining lifetime; remaining lifetime (variability); effective age |
Rights: | © Institute of Actuaries of Australia |
Published version: | https://search.informit.com.au/documentSummary;dn=949888685531713;res=IELBUS |
Appears in Collections: | Aurora harvest 8 Centre for Automotive Safety Research publications |
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