When calculating the age to which the estimate of the force of mortality applies we assume the force of mortality is constant over the rate interval. Why does this assumption imply that deaths occur on average halfway through the rate interval?

Login

- All categories
- BUS 1003H - Introduction to Financial Risk (39)
- BUS 2016H - Financial Mathematics (46)
- BUS 3018F - Models (69)
- BUS 3024S - Contingencies (47)
- BUS 4028F - Financial Economics (20)
- BUS 4027W - Actuarial Risk Management (20)
- BUS 4029H - Research Project (5)
- Mphil (1)
- Calculus and Pure Mathematics (3)
- Statistics (14)

...

I don't see how a constant force of mortality assumption will imply that deaths will occur on average halfway through the rate interval. The UDD assumption over a rate interval implies that deaths occur on average halfway through the rate interval.