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  2. Survival analysis - Wikipedia

    en.wikipedia.org/wiki/Survival_analysis

    The randomForestSRC package includes an example survival random forest analysis using the data set pbc. This data is from the Mayo Clinic Primary Biliary Cirrhosis (PBC) trial of the liver conducted between 1974 and 1984. In the example, the random forest survival model gives more accurate predictions of survival than the Cox PH model.

  3. Nelson–Aalen estimator - Wikipedia

    en.wikipedia.org/wiki/Nelson–Aalen_estimator

    It is used in survival theory, reliability engineering and life insurance to estimate the cumulative number of expected events. An "event" can be the failure of a non-repairable component, the death of a human being, or any occurrence for which the experimental unit remains in the "failed" state (e.g., death) from the point at which it changed on.

  4. de Moivre's law - Wikipedia

    en.wikipedia.org/wiki/De_Moivre's_law

    De Moivre's law first appeared in his 1725 Annuities upon Lives, the earliest known example of an actuarial textbook. [6] Despite the name now given to it, de Moivre himself did not consider his law (he called it a "hypothesis") to be a true description of the pattern of human mortality.

  5. Survival function - Wikipedia

    en.wikipedia.org/wiki/Survival_function

    The graphs below show examples of hypothetical survival functions. The x-axis is time. The y-axis is the proportion of subjects surviving. The graphs show the probability that a subject will survive beyond time t. Four survival functions. For example, for survival function 1, the probability of surviving longer than t = 2 months is 0.37. That ...

  6. Life table - Wikipedia

    en.wikipedia.org/wiki/Life_table

    This is particularly the case in non-life insurance (e.g. the pricing of motor insurance can allow for a large number of risk factors, which requires a correspondingly complex table of expected claim rates). However the expression "life table" normally refers to human survival rates and is not relevant to non-life insurance.

  7. Log-logistic distribution - Wikipedia

    en.wikipedia.org/wiki/Log-logistic_distribution

    The blue picture illustrates an example of fitting the log-logistic distribution to ranked maximum one-day October rainfalls and it shows the 90% confidence belt based on the binomial distribution. The rainfall data are represented by the plotting position r /( n +1) as part of the cumulative frequency analysis .

  8. Life insurance for cancer patients - AOL

    www.aol.com/finance/life-insurance-cancer...

    For example, breast cancer, especially in its earliest stages, tends to have a higher survival rate, which could influence underwriting more favorably compared to more aggressive types of cancer ...

  9. Survivorship bias - Wikipedia

    en.wikipedia.org/wiki/Survivorship_bias

    For example, a 2013 study found that 91% of artists were undiscovered on social media, and just 1.1% were mainstream or mega-sized. [19] The overwhelming majority of failures are not visible to the public eye, and only those who survive the selective pressures of their competitive environment are seen regularly.