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  • Poisson Processes (And Mixture Distributions)
    for the survival probability tpx with force of mortality µ. See, for example, Equation (3.2.14) in the ... compound Poisson process S has the followingKEY ⇒ properties: 1. For t > 0, S(t) = ∑N(t) j=1 Xj; 6 ...

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    • Authors: Society of Actuaries, James W Daniel
    • Date: Jun 2008
  • Multi-State Transition Models With Actuarial Applications
    computations in Section 2.2: for a subject in State #s at time n, the probability of making the transition ... the subject is now in State #s at time n, the probability of this is kQ (s,i) n . The probability of the ...

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    • Authors: James W Daniel
    • Date: Oct 2007