Constant force & complete expectation of life

Discussion in 'CT4' started by jensen, Apr 26, 2009.

  1. jensen

    jensen Member

    Hi

    Anyone know how to explain why if mortality follows contant force of mu over all ages, the complete expectation of life at any age is the same?

    Eg: if mu = 0.02, then eO_0 or eO_25 is equal to 1/0.02 = 50 years.
     
  2. Alpha9

    Alpha9 Member

    Just derive a formula for complete expectation based on µ: it doesn't have x in it if µ is constant, so the result is independent of x.
     
  3. jensen

    jensen Member

    Is it because under constant force, your mu is the same at all ages, therefore the 'hazard' is the same, which then leads to the same expected future lifetime of individual of any age to be the same?
     
  4. Alpha9

    Alpha9 Member

    Yes: it's like the time till the next jump in a Poisson process (it doesn't matter how long you've been in a state, the time till you get out is unaffected by history).
     

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