In actuarial science and demography, a life table (also called a mortality table or actuarial table) is a table which shows, for each age, what the probability is that a person of that age will die before his or her next birthday ("probability of death"). From this starting point, a number of inferences can be derived.
- the probability of surviving any particular year of age
- remaining life expectancy for people at different ages
Life tables are also used extensively in biology and epidemiology. The concept is also of importance in product life cycle management.
Read more about Life Table: Background, Insurance Applications, The Mathematics, Ending A Mortality Table, Epidemiology
Famous quotes containing the words life and/or table:
“For every life and every act
Consequence of good and evil can be shown
And as in time results of many deeds are blended
So good and evil in the end become confounded.”
—T.S. (Thomas Stearns)
“When the painted birds laugh in the shade,
When our table with cherries and nuts is spread:
Come live, and be merry, and join with me
To sing the sweet chorus of ‘Ha, ha, he!’”
—William Blake (1757–1827)