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Mortality Tables

age

A means of ascertaining the probable number of years any man or woman of a given age and of ordinary health will live. A mortality table expresses on the basis of the group studied the probability that, of a number of persons of equal expectations of life who are living at the beginning of any year, a certain number of deaths will occur within that year.

Such tables are used by insurance companies to determine the premium to be charged for those in the respective age groups.

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