Browsing Faculty of Science & Technology (FST) by Subject "Using Phase-Type distribution to determine Actuarial Functions for Whole Life Insurance Policies"
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Using Phase-Type distribution to determine Actuarial Functions for Whole Life Insurance Policies
(University of Nairobi, 2020)Background The world life expectancy has had a continual increase for both male and female gender. This increasing trend is expected to continue, hence, the need to have a model that does not have a maximum attainable ...