R
Rebecca.Thomas
Member
I'm looking at the solution to Oct 2010, Q3.iii which (in part) says:
"The Balducci assumption implies that the force of mortality is decreasing between age x and age x+1, which means that mortality is heaver in the first half of the year than it is in the second half"
My query is, under what circumstances is this a suitable assumption? It seems more logical for mortatlity to increase between age x and x+1 as the person ages?
"The Balducci assumption implies that the force of mortality is decreasing between age x and age x+1, which means that mortality is heaver in the first half of the year than it is in the second half"
My query is, under what circumstances is this a suitable assumption? It seems more logical for mortatlity to increase between age x and x+1 as the person ages?