Multiple decrement Models Flashcards
1
Q
Dependent probability t(aq)x ^(alpha)
A
The probability that a life aged x in a particular state will be removed from that state within t years by decrement alpha, in the presence of all other decrement in the population.
2
Q
Independent probability t(q)x ^(alpha)
A
The probability that a life aged X in a particular state will be removed from that state within T years by the decrement alpha, where alpha is the only decrement acting on the population
3
Q
t(ap)x
A
The dependent probability that an individual aged x in the active states will still be in the active state at age x+t.