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Using Monte Carlo Simulation to UnderstandMortality

Using Monte Carlo Simulation to UnderstandMortality This is the first year for appointed actuaries in the United States ot review X factors and evaluate actual morality experience that is ...
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Description: This is the first year for appointed actuaries in the United States ot review X factors and evaluate actual morality experience that is emerging. This article atempts to provide a simpified explanation of how Monte Carlo simulation can be used by a small company to evaluate its mortality experience.
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- Authors: Robert Guth
- Date: Dec 2000
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Publication Name: Small Talk
- Topics: Modeling & Statistical Methods>Simulation

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Using Monte Carlo Simulation to UnderstandMortality