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On the Method used by Dr. Price in the construction of the Northampton Mortality Table

Published online by Cambridge University Press:  18 August 2016

William Sutton*
Affiliation:
London and Provincial Law Assurance Society

Extract

The Northampton Table has played such an important part in the life insurance transactions of this country, and is still used to such a considerable extent, that a short explanation of the method by which it was constructed, may not even at the present day be without interest to the actuarial profession. In many ways we are greatly indebted to Dr. Price, and in the writer's opinion anything emanating from him is well worthy of our consideration. It is to be hoped, therefore, that no further apology need be made for the following remarks on one of his most important works.

Type
Research Article
Copyright
Copyright © Institute and Faculty of Actuaries 1875

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References

page 110 note * The italics are Dr. Farr's.

page 113 note * The decrements between 20 to 30, and 30 to 40, have been made equal according to Dr. Price's note to that effect.

page 114 note * The previous cols, are the same as in Table C.