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Life table" primarily refers to period life tables, as cohort life tables can only be constructed using data up to the current point, and distant projections for future mortality. Life tables can be constructed using projections of future mortality rates, but more often they are a snapshot of age-specific mortality rates in the recent past, and ...
Actuarial notation is a shorthand method to allow actuaries to record mathematical formulas that deal with interest rates and life tables. Traditional notation uses a halo system, where symbols are placed as superscript or subscript before or after the main letter. Example notation using the halo system can be seen below.
All these sequences may be viewed as generalizations of the Fibonacci sequence. In particular, Binet's formula may be generalized to any sequence that is a solution of a homogeneous linear difference equation with constant coefficients. Some specific examples that are close, in some sense, to the Fibonacci sequence include:
Are you sure you’ve calculated the right amount of life insurance to fully protect your family’s financial future?
Eighteenth-century mathematicians Abraham de Moivre, Nicolaus I Bernoulli, and Leonhard Euler used a golden ratio-based formula which finds the value of a Fibonacci number based on its placement in the sequence; in 1843, this was rediscovered by Jacques Philippe Marie Binet, for whom it was named "Binet's formula". [29]
Life expectancy; Life table; Lift (data mining) Likelihood function; Likelihood principle; Likelihood-ratio test; Likelihood ratios in diagnostic testing; Likert scale; Lilliefors test; Limited dependent variable; Limiting density of discrete points; Lincoln index; Lindeberg's condition; Lindley equation; Lindley's paradox; Line chart; Line ...
In words, the sequence of Pell numbers starts with 0 and 1, and then each Pell number is the sum of twice the previous Pell number, plus the Pell number before that. The first few terms of the sequence are 0, 1, 2, 5, 12, 29, 70, 169, 408, 985, 2378, 5741, 13860, … (sequence A000129 in the OEIS).
The Lucas sequence has the same recursive relationship as the Fibonacci sequence, where each term is the sum of the two previous terms, but with different starting values. [1] This produces a sequence where the ratios of successive terms approach the golden ratio, and in fact the terms themselves are roundings of integer powers of the golden ...