LARGE SAMPLE TESTS AND CONFIDENCE INTERVALS FOR MORTALITY RATES

Abstract

In computing mortality rates from insurance data, the unit of measurement used is frequently based on number of policies or amount of insurance rather than on lives. Then the death of one person may result in several units of 'death' with respect to the investigation; moreover, the number of units per individual may vary noticeably. Thus the usual large sample methods of obtaining significance tests and confidence intervals for the true value of the mortality rate are not applicable to these situations. If the number of units associated with each person in the investigation were known, accurate large sample results could be obtained; however, determination of the number of units associated with each individual would require an extremely large amount of work. The article presents some valid large sample tests and confidence intervals for the mortality rate which do not require much work and are reasonably efficient. More general situations are also considered.

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Document Details

Document Type
Technical Report
Publication Date
Oct 24, 1949
Accession Number
AD0603828

Entities

People

  • John E. Walsh

Organizations

  • RAND Corporation

Tags

DTIC Thesaurus Topics

  • Convergence
  • Efficiency
  • Insurance
  • Intervals
  • Measurement
  • Observation
  • Probability
  • Time Intervals

Fields of Study

  • Mathematics

Readers

  • Computational Modeling and Simulation
  • Mathematics or Statistics
  • Organizational Psychology.