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:
“After us theyll fly in hot air balloons, coat styles will change, perhaps theyll discover a sixth sense and cultivate it, but life will remain the same, a hard life full of secrets, but happy. And a thousand years from now man will still be sighing, Oh! Life is so hard! and will still, like now, be afraid of death and not want to die.”
—Anton Pavlovich Chekhov (18601904)
“The table kills more people than war does.”
—Catalan proverb, quoted in Colman Andrews, Catalan Cuisine.