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Some Remarks in Statistical Independence and Fractional Age Assumptions
1. In t roduct ion Consider a general status (u) and its future Lifetime random variable T. Let tP~ ... and the fractional portion of T be S = T - [T], i.e. T = K + S. Assumptions with respect to the joint ...- Authors: Gordon E Willmot
- Date: Jan 1996
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Publication Name: Actuarial Research Clearing House
- Topics: Demography>Longevity; Finance & Investments>Risk measurement - Finance & Investments