Table_Makeham function

Makeham's Law of Mortality Table Creator

Creates a mortality table under Makeham's law.

Table_Makeham(x0, omega, A, B, C)

Arguments

• x0: A numeric type value. The initial age of the table.
• omega: A numeric type value. The final age of the table.
• A: A numeric type value. A parameter of the law.
• B: A numeric type value. A parameter of the law.
• C: A numeric type value. A parameter of the law.

Returns

Returns a data.frame object containing age and death probabilities.

Note

The parameters are usually confined to the ranges shown below: 0.001 < A < 0.003, 10^(-6) < B < 10(-3), 1.08 < C < 1.12.

Examples

Table_Makeham(0,100,0.002,3*10^(-4),1.124)

References

Chapter 3 (p 77-78) of Actuarial Mathematics (1997) by Bowers, Gerber, Hickman, Jones & Nesbitt.