Published Online: 15 JUL 2005
Copyright © 2005 John Wiley & Sons, Ltd
Encyclopedia of Biostatistics
How to Cite
Haberman, S. 2005. Actuarial Methods. Encyclopedia of Biostatistics. 1.
- Published Online: 15 JUL 2005
Actuarial methods overlap with biostatistics in a number of important areas including the development and application of the survival model, and its extensions—the multiple decrement and multiple state models; projections of populations that involve extrapolations of demographic and biostatistical rates and probabilities; parametric and nonparametric methods of smoothing and curve fitting (known as graduation); and risk classification. In each of these areas, actuarial science has followed the innovations in statistical and biostatistical theory and application and developed these further for specific actuarial applications.
- life table;
- multiple state;