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revprev | Admin | Jan 18'24 at 2:40 | +23 | ||
revcur | Admin | (Created page with "You are doing a mortality study of insureds between ages 60 and 90 . Two specific lives contributed this data to the study: {| class="table table-bordered" ! Life !! Age at Entry !! Age at Exit !! Cause of exit |- | 1 || 60.0 || 74.5 || Policy lapsed |- | 2 || 60.0 || 74.5 || Death |} You assume mortality follows Gompertz law <math>\mu_{x}=B \times c^{x}</math> and plan to use maximum likelihood estimation. <math>L</math> is the log-likelihood function (using natural...") | Jan 17'24 at 18:35 | +784 |