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:
“Had I but died an hour before this chance
I had lived a blessed time; for from this instant
There’s nothing serious in mortality.
All is but toys. Renown and grace is dead;
The wine of life is drawn, and the mere lees
Is left this vault to brag of.”
—William Shakespeare (1564–1616)
“When I think of our lands I think of the house
And the table that holds a platter of pears,
Vermilion smeared over green, arranged for show.”
—Wallace Stevens (1879–1955)