Actuarial Outpost Fractional Age Assumptions
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#11
01-15-2019, 09:37 PM
 urbjhawk SOA Join Date: Oct 2017 Studying for LTAM Posts: 14

Quote:
 Originally Posted by Gandalf If you stop and think about it, you're asking a rather silly question. Fractional age assumptions are for the pattern of mortality between integral ages. So they tell you how to get (for example) mu_50.2 from q50. They wouldn't tell you how to get mu_51.2 (that's 50+1.2) from q50, because that's not in the year starting with age 50. You could say mu_(50+1.2)=mu_(51.2)=mu_(51+.2) and then evaluate it under udd by the formula you already gave as q_51/(1-.2*q_51).
Indeed it was, it has been a long day. Thanks for clearing up my confusion.
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