Actuarial Prediction

An actuarial prediction is a prediction of how long a person will live based on mathematical calculations that have been derived from data derived from occupation, lifestyle, and other data. This type of information is used primarily by the life insurance industry to determine rates and insurability. When predicting future behavior based on a set of rules that extend from empirical data, rather than intuitive or clinical judgement, it is sometimes called actuarial prediction.

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