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Posts feed200 years of Gompertz
Today is the 200th anniversary of Benjamin Gompertz's reading of his famous paper before the Royal Society of London. Generations of actuaries and demographers are familiar with his law of mortality:
\[\mu_x = e^{\alpha+\beta x}\qquad(1),\]
Lost in translation (reprise)
Late last year I drew up a table of actuarial terms and their translation for statisticians. I had thought that it was a uniquely actuarial trait to use different names compared to other disciplines. It turns out that statisticians are almost as guilty.