The function defined by
It is used in actuarial science for specifying a simplified mortality law (Kenney and Keeping 1962, p. 241). Using as the probability that a newborn will achieve age , the Gompertz law is
for , (Gompertz 1832).
The function defined by
It is used in actuarial science for specifying a simplified mortality law (Kenney and Keeping 1962, p. 241). Using as the probability that a newborn will achieve age , the Gompertz law is
for , (Gompertz 1832).
Weisstein, Eric W. "Gompertz Curve." From MathWorld--A Wolfram Web Resource. https://mathworld.wolfram.com/GompertzCurve.html