probs2lifetable: Life table from probabilities

In lifecontingencies: Financial and Actuarial Mathematics for Life Contingencies

Life table from probabilities

Description

This function returns a newly created lifetable object given either survival or death (one year) probabilities)

Usage

probs2lifetable(probs, radix = 10000, type = "px", name = "ungiven")

Arguments

probs	A real valued vector representing either one year survival or death probabilities. The last value in the vector must be either 1 or 0, depending if it represents death or survival probabilities respectively.
radix	The radix of the life table.
type	Character value either "px" or "qx" indicating how probabilities must be interpreted.
name	The character value to be put in the corresponding slot of returned object.

Details

The \omega value is the length of the probs vector.

Value

A lifetable object.

Warning

The function is provided as is, without any guarantee regarding the accuracy of calculation. We disclaim any liability for eventual losses arising from direct or indirect use of this software.

Note

This function allows to use mortality projection given by other softwares with the lifecontingencies package.

Author(s)

Giorgio A. Spedicato

References

Actuarial Mathematics (Second Edition), 1997, by Bowers, N.L., Gerber, H.U., Hickman, J.C., Jones, D.A. and Nesbitt, C.J.

See Also

actuarialtable

Examples

fakeSurvivalProbs=seq(0.9,0,by=-0.1)
newTable=probs2lifetable(fakeSurvivalProbs,type="px",name="fake")
head(newTable)
tail(newTable)

lifecontingencies documentation built on July 9, 2023, 6:10 p.m.