• Title/Summary/Keyword: FI(fractional age independence) assumption

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Decrement Models Under Fractional Independence Assumption (소수연령 독립 가정에서 탈퇴율의 성질)

  • Lee, Hang-Suck
    • The Korean Journal of Applied Statistics
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    • v.21 no.6
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    • pp.1045-1063
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    • 2008
  • This paper derives conversion formulas from yearly-based absolute rates of decrements to monthly-based rates of decrement due to cause j under FI (fractional age independence) assumption that is a generalization of UDD assumption. Next, it suggests conversion formulas from monthly-based absoluterates of decrements to monthly-based rates of decrement due to cause j under FI assumption. In addition, it calculates conversion formulas from yearly-based rates of decrement due to cause j to the corresponding monthly-based absolute rates of decrements under FI assumption. Some numerical examples are discussed.