Walking the Line
In mortality forecasting work we often deal with downward trends. It is often tempting to jump to the assumption of a linear trend, in part because this makes for easier mathematics. However, real-world phenomena are rarely purely linear, and the late Iain Currie advocated linear adjustment as means of judging linear-seeming patterns. This involves calculating a line between the first and last points, and deducting the line value at ea
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